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Units of Productivity/Activity Depreciation= (Cost - Salvage) / total units ...

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Accounting

Units of Productivity/Activity Depreciation= (Cost - Salvage) / total units
Asset 1: 2015 Ford F350 Units Yearly Depreciation Monthly Depreciation Depreciation Expense 330
Asset Name: Vehicles Year 1 18000 0.22 3960 330 Accumulated Depreciation 330
Cost 24,000 Year 2 21000 0.22 4620 385
Useful Life 7 years Year 3 15000 0.22 3300 275 Final Balance Sheet Snippet
Salvage Value 2,000 Year 4 12000 0.22 2640 220 Ford F350 24000
Units: Miles 100,000 Year 5 14000 0.22 3080 257 Accumulated Depreciation -22000 Rounded, adjusted in final month
Year 6 16000 0.22 3520 293 Net Book Value 2000
Factor: 0.22 Year 7 4000 0.22 880 73 adjust in final year

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