For 2016, Emmar would report delectation expense of $12,857.14
or $12,857
|
Straight line Method for 2013 and onwards |
|
A |
Cost |
$ 2,40,000.00 |
|
B |
Residual Value |
$
- |
|
C=A - B |
Depreciable base |
$ 2,40,000.00 |
|
D |
Life [in years] |
8 |
|
E=C/D |
Annual SLM depreciation |
$ 30,000.00 |
|
Depreciation schedule for first 4 years till dec 2016 |
|
Year |
Book Value |
Depreciation expense |
Ending Book Value |
Accumulated Depreciation |
|
2013 |
$ 2,40,000.00 |
$ 30,000.00 |
$ 2,10,000.00 |
$ 30,000.00 |
|
2014 |
$ 2,10,000.00 |
$ 30,000.00 |
$ 1,80,000.00 |
$ 60,000.00 |
|
2015 |
$ 1,80,000.00 |
$ 30,000.00 |
$ 1,50,000.00 |
$ 90,000.00 |
|
Straight line Method for 2016 and onwards |
|
A |
Cost |
$ 90,000.00 |
|
B |
Residual Value |
$
- |
|
C=A - B |
Depreciable base |
$ 90,000.00 |
|
D |
Life [in years left ] |
7 |
|
E=C/D |
Annual SLM depreciation |
$ 12,857.14 |
