Dump Truck 2 3 Type of car: 4 5 Cost of car: 6 7 Useful Life: $127,500 5 years 8 $7,500 9 Residual Value: 10 11 Estimated Miles: 100,000 12 Miles by Year: 13 Year 1:28,000 14 Year 2: 35,000 15 Year 3:25,000 16 Year 4: 12,000 17 18 19 20 STRAIGHT-LINE DEPRECIATION 21 22 Depreciation Accumulated 23 Expense Depreciation Carrying Value 24 Year 1 25 Year 2 26 Year 3 27 Year 4 28 Year 5 29 Year 6 30 Year 7 31 41 42 DOUBLE DECLINING BALANCE 43 44 Depreciation Accumulated 45 Expense Depreciation Carrying Value 46 Year 1 47 Year 2 48 Year 3 49 Year 4 50 Year 5 51 Year 6 52 Year 7 53 56 UNITS OF PRODUCTION METHOD 57 58 Depreciation Accumulated 59 Expense Depreciation Carrying Value 60 Year 1 61 Year 2 62 Year 3 63 Year 4 64 Year 5 65 Year 6 66 Year 7 67