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The depreciation schedule does not seem right according to the schedule I have created. When I add a 75k vehicle and 25k equipment to year
The depreciation schedule does not seem right according to the schedule I have created. When I add a 75k vehicle and 25k equipment to year 2 the schedule seems to be messed up.
Amount Depreciation Real Estate Buildings Leasehold Improvements Equipment Furniture and Fixtures Vehicles Other 5 5 7 $ 105,791.00 $ 32,358.00 $ 2,500.00 $ 75,063.00 $ 4,400.00 Month 2 Month Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Totals Year One 2.177 2.177 2.177 2.177 2.177 2.177 2.177 2.177 2.177 2,177 2.177 2,177 $ 26,128 2,177 2.177 2.177 2.177 2.177 2 .177 2.177 2.177 2.177 2.177 2,177 2 ,177 $ 26,128 2.177 13.011 16,106 17.653 19,201$ 128,270 Starting Depreciation Additional Depreciation Ending Depreciation Year Two Starting Depreciation Additional Depreciation Ending Depreciation Year Three Starting Depreciation Additional Depreciation Ending Deprecation 3,725 1,548 5.273 1,548 5,273 1,548 6,820 6,820 1,548 8,368 1,548 9,915 9,915 1,548 11.463 11,463 1,548 13.011 14,558 1,548 16,106 1,548 14,558 1,548 1,548 17,653 1,548 19,201 3.725 8,368 20,749 $ 146,842 20,749 20,749 20,749 20,749 20.749 20,749 20,749 20,749 20,749 20,749 20.749 20,749 $ 248.985 20.749 20,749 20,749 20.749 20,749 20.749 20,749 20.749 20.749 20,749 20,749 20.749 $ 248,985Step by Step Solution
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