HP 20B manual 1000, 500, Depreciation Example, Depreciation Menu Items

	Depreciation
Table 9-2Depreciation Menu Items
Item	Description
Salvage	The salvage value of the asset at the end of its useful life.
Factor	The declining balance factor as a percentage. This is used for
	declining balance and declining balance crossover methods only.
Year	Year for which you want to calculate the depreciation.
Depreciation	Depreciation in the given year.
R.Book Value	Remaining book value at the end of the given year.
R.Depreciable Value	Remaining depreciable value at the end of the given year.

Depreciation Example

A metalworking machine, purchased for 10,000.00, is to be depreciated over five years. Its salvage value is estimated at

500.00.Using the straight-line method, find the depreciation and remaining depreciable value for each of the first two years of the machine's life. See Table 9-3.

Table 9-3Straight Line Depreciation Example

Key Display Description

:\

Opens the Depreciation menu starting with the straight line method.

<5I

Inputs 5 for the useful life.

<

Displays the current value of Start. 1 (January) is the default value. For this example, this value remains unchanged, since the depreciation of the machine starts January 1st (1.00 ).

<1000

0I

Inputs 10,000.00 for the cost of the item.

<500

I

Inputs 500.00 for the salvage value of the item.

<

<

Year for which to calculate the depreciation. Year 1 is the default value. To calculate for a year other than 1,

type a number and press I.

Depreciation of the asset in year one.

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