Golf Cart Depreciation Calculator
Here's the table that shows the value of the golf cart at the end of each year:
| Year | Depreciation Amount | Accumulated Depreciation | Book Value |
|---|---|---|---|
| 0 | $0 | $0 | $10,000 |
| 1 | $1,000 | $1,000 | $9,000 |
| 2 | $1,000 | $2,000 | $8,000 |
| 3 | $1,000 | $3,000 | $7,000 |
| 4 | $1,000 | $4,000 | $6,000 |
| 5 | $1,000 | $5,000 | $5,000 |
| 6 | $1,000 | $6,000 | $4,000 |
| 7 | $1,000 | $7,000 | $3,000 |
| 8 | $1,000 | $8,000 | $2,000 |
| 9 | $1,000 | $9,000 | $1,000 |
| 10 | $1,000 | $10,000 | $0 |
This table shows how the golf cart's value decreases over 10 years with an annual depreciation rate of 10%. The book value at the end of each year is calculated by subtracting the accumulated depreciation from the initial cost.
If you'd like a different set of assumptions or a different depreciation method (e.g., declining balance), let me know, and I can adjust the table accordingly.