2005 Capital Asset Depreciation Schedule
[Date]
Year to calculate 2005
Accumulated depreciation beginning of year
$0 $23,333 $50,000 $76,500 $1,786 $683,333 $614,583 $0 $0
Capital asset classification
Land Equipment IT equipment Equipment Transportation Building Building
Description
4567 Main St., Buffalo, NY 98052 Grinding machine #1 Servers Welding machine Corporate vehicle Warehouse - 4567 Main St., Buffalo, NY 98052 Main office building
Initial cost
$700,000 350,000 50,000 255,000 50,000 750,000 1,250,000
Depreciable life (in years)
Date purchased
04/20/91 05/01/04 02/01/00 06/17/03 10/05/04 04/20/91 04/01/90
Number of depreciable months in current year
0 12 12 12 12 12 12 0 0
Current year depreciation expense
$0 $35,000 $0 $51,000 $7,143 $50,000 $41,667 $0 $0 $184,810
Net asset value at beginning of year
$700,000 $326,667 $0 $178,500 $48,214 $66,667 $635,417 $0 $0 $1,955,464
Remaining value at end of year
$700,000 291,667 0 127,500 41,071 16,667 593,750 0 0 $1,770,655
10 3 5 7 15 30
TOTAL ANNUAL DEPRECIATION EXPENSE
[Company Name] Depreciation schedule - servers
[Date]
User input
Fixed asset Initial cost Date placed in service Number of months owned in first year End of year 2002 2003 2004 2005 TOTAL Annual depreciation $15,278 16,667 16,667 1,389 $50,000 servers $50,000 02/01/02 11 Remaining value $34,722 18,056 1,389 0
[Company Name] Depreciation schedule - welding machine
[Date]
User input
Fixed asset Initial cost Date placed in service Number of months owned in first year End of year 2003 2004 2005 2006 2007 2008 TOTAL Annual depreciation $25,500 51,000 51,000 51,000 51,000 25,500 $255,000 welding machine $255,000 06/17/03 6 Remaining value $229,500 178,500 127,500 76,500 25,500 0
[Company Name] Depreciation schedule - corporate auto
[Date]
User input
Fixed asset Initial cost Date placed in service Number of months owned in first year End of year 2004 2005 2006 2007 2008 2009 2010 2011 TOTAL Annual depreciation $1,786 7,143 7,143 7,143 7,143 7,143 7,143 5,357 $50,000 corporate auto $50,000 10/05/04 3 Remaining value $48,214 41,071 33,929 26,786 19,643 12,500 5,357 0
[Company Name] Depreciation schedule - grinding machine #1
[Date]
User input
Fixed asset Initial cost Date placed in service Number of months owned in first year End of year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 TOTAL Annual depreciation $23,333 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 11,667 $350,000 grinding machine #1 $350,000 05/01/04 8 Remaining value $326,667 291,667 256,667 221,667 186,667 151,667 116,667 81,667 46,667 11,667 0
[Company Name] Depreciation schedule - warehouse
[Date]
User input
Fixed asset Initial cost Date placed in service Number of months owned in first year End of year 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 TOTAL Annual depreciation $33,333 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 16,667 $750,000 warehouse $750,000 04/20/91 8 Remaining value $716,667 666,667 616,667 566,667 516,667 466,667 416,667 366,667 316,667 266,667 216,667 166,667 116,667 66,667 16,667 0
[Company Name] Depreciation schedule - main office building
[Date]
User input
Fixed asset Initial cost Date placed in service Number of months owned in first year End of year 1990 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 TOTAL Annual depreciation $31,250 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 10,417 $1,250,000 main office building $1,250,000 04/01/90 9 Remaining value $1,218,750 1,177,083 1,135,417 1,093,750 1,052,083 1,010,417 968,750 927,083 885,417 843,750 802,083 760,417 718,750 677,083 635,417 593,750 552,083 510,417 468,750 427,083 385,417 343,750 302,083 260,417 218,750 177,083 135,417 93,750 52,083 10,417 0