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April 17, 2023
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What SUP, Inc.
Equipment Depreciat
ion Summary
Asset
Date
Acquired
Cost
Deprec.
Method
2017
Deprec.
2017
Acc.
Deprec.
2018
Deprec.
2018 Acc.
Deprec.
2019
Deprec.
2019 Acc.
Deprec.
Display Racks
1/1/2017
25,000
$
DDB
$10,000 $10,000
$6,000
$16,000
$3,600
$19,600
Chairs
1/1/2017
8,000
$
DDB
$3,200 $3,200
$1,920
$5,120 $1,152
$6,272
Forge
1/1/2018
85,000
$
DDB
$56,667
$56,667 $18,889
$75,556
What SUP, Inc. Depreciat
ion Schedule
Asset #
1001
Asset
Display Racks
Year
Depreciation
Expense
Accumulated
Depreciation
Straight-Line
Test
Switch
Depreciation
Expense
Accumulated
Depreciation
2014
$10,000.00
$10,000.00
$5,000.00
–
$10,000.00 $10,000.00
2015
$6,000.00
$16,000.00
$3,750.00
–
$6,000.00 $16,000.00
2016
$3,600.00
$19,600.00
$3,000.00
–
$3,600.00 $19,600.00
2017
$2,160.00
$21,760.00
$2,700.00
X
$2,700.00 $22,300.00
2018
$1,296.00
$23,056.00
$3,240.00
X
$2,700.00 $25,000.00
What SUP, Inc. Depreciat
ion Schedule
Asset #
1002
Asset
Chairs
Year
Depreciation
Expense
Accumulated
Depreciation
Straight-Line
Test
Switch
Depreciation
Expense
Accumulated
Depreciation
2014
$3,200.00
$3,200.00
$1,540.00
–
$3,200.00 $3,200.00
2015
$1,920.00
$5,120.00
$1,125.00
–
$1,920.00 $5,120.00
2016
$1,152.00
$6,272.00
$860.00
–
$1,152.00 $6,272.00
2017
$691.20
$6,963.20
$714.00
X
$714.00 $6,986.00
2018
$414.72
$7,377.92
$736.80
X
$714.00 $7,700.00
What SUP, Inc. Depreciat
ion Schedule
Asset #
1003
Asset
Forge
Year
Depreciation
Expense
Accumulated
Depreciation
Straight-Line
Test
Switch
Depreciation
Expense
Accumulated
Depreciation