Calendar Year

Depreciation Value

 

 

1 (Oct.-Dec.)

¼ x year 1

2

(¾ x year 1) + (¼ x year 2)

3

(¾ x year 2) + (¼ x year 3)

4 (Jan.-Sept.)

¾ x year 3

 

 

Example: Partial-Year Depreciation. A movie camera bought for $12,000 has a useful life of 10 years with a salvage value of $500. Using the sum-of-the-years’-digits method, find the amount of depreciation for the fourth year. Assume the first depreciation year was 11 months long.

Keys:

Display:

Description:

 

 

 

 

 

 

 

 

 

"

Displays DEPRC menu.

"

 

 

…

 

 

 

 

 

 

 

 

12000

†

 

"

Stores known values.

 

 

 

 

 

500

‡

 

"

 

 

 

 

10

ˆ

 

"

 

)3 ‹@2P8%&(("

ŽFE@A8#K'-$&-$" Calculates depreciation for year 3.

v/12=s1

#%,&%,"

Stores 1 month’s

 

 

 

 

 

depreciation from year 3.

 

 

 

4

‹

 

Ž

FE@A8#K+'%&'+"

Calculates depreciation

 

 

 

 

 

for year 4.

v*11/12 = #K%+#&'-"

Figures 11 months’

 

 

 

 

 

depreciation from year 4.

v+R1 =

#K+*#&('"

Figures total depreciation

 

 

 

 

 

for year 4.

120 9: Depreciation

File name : 17BII-Plus-Manual-E-PRINT-030709

Print data : 2003/7/11