[Company Name]

Depreciation Methods Comparison

[Date]

Gray cells are calculated for you. You do not need to enter anything in them.
Cost of property $500,000
Recovery period (years) 5
Declining balance type 200%
Declining balance rate 0.40
Number of months in first year of service 6
Salvage value $50,000

[Company Name] CONFIDENTIAL

Year Straight Line Sum-of-Years' Digits Declining Balance
Depreciation Accumulated Depreciation Accumulated Depreciation Accumulated
per year depreciation per year depreciation per year depreciation
1 $45,000 $45,000 $75,000 $75,000 $90,000 $90,000
2 $90,000 $135,000 $135,000 $210,000 $144,000 $234,000
3 $90,000 $225,000 $105,000 $315,000 $86,400 $320,400
4 $90,000 $315,000 $75,000 $390,000 $51,840 $372,240
5 $90,000 $405,000 $45,000 $435,000 $51,840 $424,080
6 $45,000 $450,000 $15,000 $450,000 $25,920 $450,000
TOTAL $450,000 $450,000 $450,000
[Company Name]
Depreciation Methods Comparison
[Date]

Gray cells are calculated for you. You do not need to enter anything in them.
Cost of property $500,000
Recovery period (years) 7
Declining balance type 200%
Declining balance rate 0.29
Number of months in first year of service 6
Salvage value $50,000

[Company Name] CONFIDENTIAL

Year Straight Line Sum-of-Years' Digits Declining Balance
Depreciation Accumulated Depreciation Accumulated Depreciation Accumulated
per year depreciation per year depreciation per year depreciation
1 $32,143 $32,143 $56,250 $56,250 $64,286 $64,286
2 $64,286 $96,429 $104,464 $160,714 $110,204 $174,490
3 $64,286 $160,714 $88,393 $249,107 $78,717 $253,207
4 $64,286 $225,000 $72,321 $321,429 $56,227 $309,434
5 $64,286 $289,286 $56,250 $377,679 $40,162 $349,595
6 $64,286 $353,571 $40,179 $417,857 $40,162 $389,757
7 $64,286 $417,857 $24,107 $441,964 $40,162 $429,919
8 $32,143 $450,000 $8,036 $450,000 $20,081 $450,000
TOTAL $450,000 $450,000 $450,000
[Company Name]
Depreciation Methods Comparison
[Date]

Gray cells are calculated for you. You do not need to enter anything in them.
Cost of property $500,000
Recovery period (years) 10
Declining balance type 200%
Declining balance rate 0.20
Number of months in first year of service 6
Salvage value $50,000

[Company Name] CONFIDENTIAL

Year Straight Line Sum-of-Years' Digits Declining Balance
Depreciation Accumulated Depreciation Accumulated Depreciation Accumulated
per year depreciation per year depreciation per year depreciation
1 $22,500 $22,500 $40,909 $40,909 $45,000 $45,000
2 $45,000 $67,500 $77,727 $118,636 $81,000 $126,000
3 $45,000 $112,500 $69,545 $188,182 $64,800 $190,800
4 $45,000 $157,500 $61,364 $249,545 $51,840 $242,640
5 $45,000 $202,500 $53,182 $302,727 $41,472 $284,112
6 $45,000 $247,500 $45,000 $347,727 $33,178 $317,290
7 $45,000 $292,500 $36,818 $384,545 $29,491 $346,781
8 $45,000 $337,500 $28,636 $413,182 $29,491 $376,272
9 $45,000 $382,500 $20,455 $433,636 $29,491 $405,763
10 $45,000 $427,500 $12,273 $445,909 $29,491 $435,254
11 $22,500 $450,000 $4,091 $450,000 $14,746 $450,000
TOTAL $450,000 $450,000 $450,000
[Company Name]
Depreciation Methods Comparison
[Date]

Gray cells are calculated for you. You do not need to enter anything in them.
Cost of property $500,000
Recovery period (years) 15
Declining balance type 200%
Declining balance rate 0.13
Number of months in first year of service 6
Salvage value $50,000

[Company Name] CONFIDENTIAL

Year Straight Line Sum-of-Years' Digits Declining Balance
Depreciation Accumulated Depreciation Accumulated Depreciation Accumulated
per year depreciation per year depreciation per year depreciation
1 $15,000 $15,000 $28,125 $28,125 $30,000 $30,000
2 $30,000 $45,000 $54,375 $82,500 $56,000 $86,000
3 $30,000 $75,000 $50,625 $133,125 $48,533 $134,533
4 $30,000 $105,000 $46,875 $180,000 $42,062 $176,596
5 $30,000 $135,000 $43,125 $223,125 $36,454 $213,049
6 $30,000 $165,000 $39,375 $262,500 $31,593 $244,643
7 $30,000 $195,000 $35,625 $298,125 $27,381 $272,024
8 $30,000 $225,000 $31,875 $330,000 $23,730 $295,754
9 $30,000 $255,000 $28,125 $358,125 $20,566 $316,320
10 $30,000 $285,000 $24,375 $382,500 $20,566 $336,886
11 $30,000 $315,000 $20,625 $403,125 $20,566 $357,452
12 $30,000 $345,000 $16,875 $420,000 $20,566 $378,019
13 $30,000 $375,000 $13,125 $433,125 $20,566 $398,585
14 $30,000 $405,000 $9,375 $442,500 $20,566 $419,151
15 $30,000 $435,000 $5,625 $448,125 $20,566 $439,717
16 $15,000 $450,000 $1,875 $450,000 $10,283 $450,000
TOTAL $450,000 $450,000 $450,000