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    andy027's Avatar
    andy027 Posts: 5, Reputation: 1
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    #1

    Jan 30, 2011, 11:14 AM
    Straight line method.
    How would I solve this problem ?
    If you have a cost of 11000 & salvage of 1000 for 5 yr -- use the straght line method to get the 6 year ?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Jan 30, 2011, 11:25 AM

    If your estimated useful life is 5 years and you are trying to get your depreciation for a 6th year, then your depreciation will be 0, because your asset will be fully depreciated by year 5.
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