Calculates the depreciation of an asset over a specified period using the straight-line method.
Start with your values, or try a preset.
Enter Asset Cost, Salvage Value, Useful Life, and Year of Depreciation (1 to Useful Life) in the units shown.
Read Depreciable Cost, Annual Depreciation, Accumulated Depreciation, and Book Value in the results panel. Results update as you change the inputs.
Choose a preset to load an example, then adjust the values for your situation.
See the inputs and their calculated results.
Asset Cost: 15,000 USD; Salvage Value: 1,000 USD; Useful Life: 5 years; Year of Depreciation (1 to Useful Life): 1 year
Depreciable Cost: 14,000 USD; Annual Depreciation: 2,800 USD; Accumulated Depreciation: 2,800 USD; Book Value: 12,200 USD
Asset Cost: 3,000 USD; Salvage Value: 300 USD; Useful Life: 3 years; Year of Depreciation (1 to Useful Life): 2 year
Depreciable Cost: 2,700 USD; Annual Depreciation: 900 USD; Accumulated Depreciation: 1,800 USD; Book Value: 1,200 USD
Asset Cost: 25,000 USD; Salvage Value: 5,000 USD; Useful Life: 5 years; Year of Depreciation (1 to Useful Life): 3 year
Depreciable Cost: 20,000 USD; Annual Depreciation: 4,000 USD; Accumulated Depreciation: 12,000 USD; Book Value: 13,000 USD
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