Jan 1, 2014
Initial cost $7,000
Salvage value $0
Annual depreciation amounts under various methods Useful life (years) 7
150%
Declining Balance
1 $2,000 $1,000 $1,750 $1,500
2 $1,429 $1,000 $1,500 $1,179
3 $1,020 $1,000 $1,250 $926
4$729 $1,000 $1,000 $728
5$521 $1,000 $750 $572
6$372 $1,000 $500 $449
7$266 $1,000 $250 $353
Sum of Years
Digits
Furniture
Years
Double Declining
Balance
Straight-Line