HP 12C Financial 12C Full- and Partial-YearDepreciation with Crossover, 000, 001, 002, 003, 004, 005, 006, 007, 000, 001, 002, 003, 004, 005, 006, 007, DISPLAY, DISPLAY, 8,238.71

184 Section 13: Investment Analysis

Keystrokes	Keystrokes	Display
(RPN mode)	(ALG mode)
11t	11t	4.00	Fourth year:
		781.41	depreciation,
~	~	8,238.71	remaining depreciable
			value.
t	t	5.00	Fifth year:
~	~	746.02	depreciation,
		7,492.69	remaining depreciable
			value.

Full- and Partial-Year Depreciation with Crossover

When calculating declining-balance depreciation it is often advantageous for tax purposes to switch from declining balance to straight-line depreciation at some point. This hp 12c platinum program calculates the optimum crossover point and automatically switches to straight-line depreciation at the appropriate time. The crossover point is the end of the year in which the declining-balance depreciation last exceeds or equals the amount of straight-line depreciation. The straight-line depreciation is determined by dividing the remaining depreciable value by the remaining useful life.

Given the desired year and the number of months in the first year, this program calculates the depreciation for the desired year, the remaining depreciable value, and the total depreciation through the current year.

KEYSTROKES	DISPLAY
(RPN mode)
fs
fCLEARÎ	000,
1	001,		1
2	002,		2
z	003,		10
?6	004,	44	6
:n	005,	45	11
~	006,		34
-	007,		30

KEYSTROKES	DISPLAY
(ALG mode)
fs
fCLEARÎ	000,
z	001,		10
1	002,		1
2	003,		2
³	004,		36
?6	005,	44	6
:n	006,	45	11
-	007,		30

File name: hp 12c pt_user's guide_English_HDPMF123E27	Page: 184 of 275
Printed Date: 2005/8/1	Dimension: 14.8 cm x 21 cm