What SUP, Inc.
Equipment Depreciation Summary
Asset
Date
Acquired
Cost
Deprec.
Method
2017
Deprec.
2017
Acc.
Deprec.
2018
Deprec.
2018
Acc.
Deprec.
2019
Deprec.
2019
Acc.
Deprec.
2020
Deprec.
2020 Acc.
Deprec.
2021
Deprec.
2021 Acc.
Deprec.
Display Racks 4/1/2017 25,000$ DDB $10,000 $10,000 $6,000 $16,000 $3,600 $19,600 $2,160 $21,760 $1,296 $23,056
Chairs 9/1/2017 8,000$ DDB $3,200 $3,200 $1,920 $5,120 $1,152 $6,272 $691 $6,963 $415 $7,378
What SUP, Inc. Depreciation Schedule
Asset #
1001
Asset
Display Racks
Year
Depreciation
Expense
Accumulated
Depreciation
Straight-Line
Test
Switch
Depreciation
Expense
Accumulated
Depreciation
2017 $10,000.00 $10,000.00 $5,000.00 – $10,000.00 $10,000.00
2018 $6,000.00 $16,000.00 $3,750.00 – $6,000.00 $16,000.00
2019 $3,600.00 $19,600.00 $3,000.00 – $3,600.00 $19,600.00
2020 $2,160.00 $21,760.00 $2,700.00 X $2,700.00 $22,300.00
2021 $1,296.00 $23,056.00 $3,240.00 X $2,700.00 $25,000.00
What SUP, Inc. Depreciation Schedule
Asset #
1002
Asset
Chairs
Date acquired
9/1/2017
Year
Depreciation
Expense
Accumulated
Depreciation
Straight-Line
Test
Switch
Depreciation
Expense
Accumulated
Depreciation
2017 $3,200.00 $3,200.00 $1,540.00 – $3,200.00 $3,200.00
2018 $1,920.00 $5,120.00 $1,125.00 – $1,920.00 $5,120.00
2019 $1,152.00 $6,272.00 $860.00 – $1,152.00 $6,272.00