Cost

Salvage Value
Estimated Useful Life
Acquisition Date

Year
2012
2013
2014
2015
2016
2017
2018

Depreciation
Expense
2,500.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
7,500.00

110,000.00
10,000.00
10.00
10/1/2012
Accumulated
Depreciation
2,500.00
12,500.00
22,500.00
32,500.00
42,500.00
52,500.00
60,000.00

72.00

Book
Expired
Value
Life
107,500.00
3
97,500.00
12
87,500.00
12
77,500.00
12
67,500.00
12
57,500.00
12
50,000.00
9
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

ID
1
2
3
4
5
6
7
8
9
10

Name
Jack
Poi
Jon
Rey
Mix
Max
Tars
Jet
Joy
Jill

Loan Amount Payments

Balance
12,000.00
10000
2,000.00
42,000.00
0
42,000.00
65,000.00
0
65,000.00
80,000.00
50000
30,000.00
540,000.00
0 540,000.00
750,000.00
30000 720,000.00
999,000.00
0 999,000.00
242,100.00
0 242,100.00
456,700.00
60000 396,700.00
470,470.00
0 470,470.00

Date
ID
1/4/2013
1/4/2013
1/4/2013
1/5/2013
1/5/2013

6
9
4
6
1

Name
Max
Joy
Rey
Max
Jack

Amount
10000
60000
50000
20000
10000