reducing-balance-depreciation

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					Data                Description
       £20,000.00   Initial Cost
        £1,500.00   Salvage Value
             5.00   Lifetime in years
            12.00   Months in first year

                                              Total       Value of
                    Depreciation           Depreciation Asset at end
    Results         for the year             of Asset     of year
Year 1                         8080.00           8080.00      11920.00
Year 2                         4815.68          12895.68       7104.32
Year 3                         2870.15          15765.83       4234.17
Year 4                         1710.61          17476.43       2523.57
Year 5                         1019.52          18495.95       1504.05
Year 6                            0.00              0.00          0.00
Year 7                            0.00              0.00          0.00
Year 8                            0.00              0.00          0.00
Year 9                            0.00              0.00          0.00
Year 10                           0.00              0.00          0.00
Year 11                           0.00              0.00          0.00

				
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