Table for Straight-Line Depreciation
Year Beginning Book Value Depreciation Expense Accumulated Depreciation Ending Book Value 1 $50,000 $4,500 $4,500 $45,500 2 $45,500 $4,500 $9,000 $41,000 3 $41,000 $4,500 $13,500 $36,500 4 $36,500 $4,500 $18,000 $32,000 5 $32,000 $4,500 $22,500 $27,500 6 $27,500 $4,500 $27,000 $23,000 7 $23,000 $4,500 $31,500 $18,500 8 $18,500 $4,500 $36,000 $14,000 9 $14,000 $4,500 $40,500 $9,500 10 $9,500 $4,500 $45,000 $5,000
Table for Double-Declining Balance Depreciation
Year Beginning Book Value Depreciation Expense Accumulated Depreciation Ending Book Value 1 $50,000 $10,000 $10,000 $40,000 2 $40,000 $8,000 $18,000 $32,000 3 $32,000 $6,400 $24,400 $25,600 4 $25,600 $5,120 $29,520 $20,480 5 $20,480 $4,096 $33,616 $16,384 6 $16,384 $3,277 $36,893 $13,107 7 $13,107 $2,621 $39,514 $10,486 8 $10,486 $2,097 $41,611 $8,389 9 $8,389 $1,678 $43,289 $6,711 10 $6,711 $1,342 $44,631 $5,369
In the double-declining balance method, the book value does not fall exactly to the salvage value due to the nature of the accelerated depreciation. Adjustments might be needed in the final year to ensure the book value equals the salvage value.