HP 10bII+ Financial J], G], ]OJ, J]x, D]x, Y:::Ï, J:::É

Table 7-2 Depreciation example using SL

Keys	Display	Description
VÙ	5.00	Inputs 5 for the expected useful life of the
		asset in the selected format.
J]{	1,900.00	Enters the year for which depreciation is
		to be calculated and calculates the
		depreciation of the asset in year one.
		TVM and X are displayed.
\«	7,600.00	Displays remaining depreciable value
		after year one. X changes to Y in the
		display.
G]{	1,900.00	Enters the year for which depreciation is
		to be calculated and calculates the
		depreciation of the asset in year two.
\«	5,700.00	Displays remaining depreciable value
		after year two.

Example 2

A machine was purchased for 4,000 and is to be depreciated over four years with a 1,000 salvage value. Using the sum-of-the-year's digit method, what is the depreciation during the machine's first year and third years? What is the remaining depreciable value?

Table 7-3 Depreciation example using SOYD

Keys	Display	Description
]OJ	TVM CLR (message flashes	Clears TVM registers.
	then disappears)
Y:::Ï	4,000.00	Enters the depreciable cost of the asset at
		acquisition.
YÙ	4.00	Enters the expected useful life of the asset.
J:::É	1,000.00	Enters the salvage value.
J]x	1,200.00	Calculates the depreciation for the first year.
D]x	600.00	Calculates the depreciation for the third year.
\«	300.00	Displays the remaining depreciable value.

Depreciation 85