Depreciation Calculator
Calculate asset depreciation using straight-line, declining balance, and other methods.
Asset Details
$
$
years
Depreciable Cost: Asset Cost - Salvage Value = Amount that can be depreciated over the useful life.
Annual Depreciation (Year 1)
$9,000
Straight-Line Method
Total Depreciation
$45,000
Depreciable Cost
$45,000
Asset Summary
Asset Cost$50,000
Salvage Value$5,000
Useful Life5 years
Depreciation MethodStraight-Line
Total Depreciation$45,000
Depreciation Schedule
| Year | Depreciation | Accumulated | Book Value |
|---|---|---|---|
| 0 | - | - | $50,000 |
| 1 | $9,000 | $9,000 | $41,000 |
| 2 | $9,000 | $18,000 | $32,000 |
| 3 | $9,000 | $27,000 | $23,000 |
| 4 | $9,000 | $36,000 | $14,000 |
| 5 | $9,000 | $45,000 | $5,000 |