declining balance depreciation method

derenkov · #1 Aug 31, 2006, 04:33 PM

same question as before someone asked but i want to find out what is written in the last year (6th year) of the 200% declining balance depreciation method because it wasnt stated, for example machine was purchased on september 1st 2004 for 108000$ , estimated usefull life 5 years, and residual value 8000$, thx a lot if u can help, also same question with 150% declining balance method thx

pujan · Dec 12, 2006, 08:43 AM

the answer for this is cost= 108000, and useful life is 6years

so, (108000-0)*2/6= 36000



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