LAND IMPROVEMENTS

Cost 230,000.00
Less: Residual value
Depreciable cost 230,000.00
Divided by: EUL in years 15.00
Depreciation expense per year 15,333.33

Accumulated depreciation, as of January 1, 2022 46,000.00

Divided by: Depreciation expense per year 15,333.33
Age of asset, in years 3.00

Date of acquisition: January 1, 2019

2022
** no additional acquisitions or disposals within the year
** no changes in life

Depreciation expense 15,333.33

Cost 230,000.00
Less: Accumulated depreciation
as of January 1, 2022 46,000.00
for 2022 15,333.33 61,333.33
Carrying value 168,666.67

2023
** no additional acquisitions or disposals within the year
** no changes in life

Depreciation expense 15,333.33

Cost 230,000.00
Less: Accumulated depreciation
as of January 1, 2022 46,000.00
for 2022 15,333.33
for 2023 15,333.33 76,666.66
Carrying value 153,333.34
BUILDING

COST 5,400,000.00

PERIOD DDB rate Dep'n expense

1.00 5,400,000.00 10% 540,000.00
2.00 4,860,000.00 10% 486,000.00
3.00 4,374,000.00 10% 437,400.00
4.00 3,936,600.00 10% 393,660.00

Percentage 100.00
Divided by: EUL 20.00
Straight line rate 5.00
Multiply by: 2 2.00
Double Declining Balance Rate 10.00

Accumulated depreciation, as of January 1, 2022 1,026,000.00

Age of asset, in years 2.00

Date of acquisition: January 1, 2020

2022
** no additional acquisitions or disposals within the year
** no changes in life

Depreciation expense 437,400.00

Cost 5,400,000.00
Less: Accumulated depreciation
as of January 1, 2022 1,026,000.00
for 2022 437,400.00 1,463,400.00
Carrying value 3,936,600.00

2023
** no additional acquisitions or disposals within the year
** no changes in life
Depreciation expense 393,660.00

Cost 5,400,000.00
Less: Accumulated depreciation
as of January 1, 2022 1,026,000.00
for 2022 437,400.00
for 2023 393,660.00 1,857,060.00
Carrying value 3,542,940.00
Accum Dep'n Book value
540,000.00 4,860,000.00
1,026,000.00 4,374,000.00
1,463,400.00 3,936,600.00
1,857,060.00 3,542,940.00
MACHINERY AND EQUIPMENT

COST 1,250,000.00
Less: Salvage value 30,000.00
Depreciable cost 1,220,000.00

PERIOD Depreciable cost SYD fraction

1.00 (4/1/20 - 3/31/21) 1,220,000.00 0.125
2.00 (4/1/21 - 3/31/22) 1,220,000.00 0.117
3.00 (4/1/22 - 3/31/23) 1,220,000.00 0.10
4.00 (4/1/23 - 3/31/24) 1,220,000.00 0.10

Life 15.00
Multiply by: life + 1 16.00
Total 240.00
Divided by: 2 2.00
Denominator 120.00

Accumulated depreciation, as of January 1, 2022 259,250.00

Age of asset, in years 1.75

Date of acquisition: April 1, 2020

2022
** no additional acquisitions or disposals within the year
** no changes in life

Depreciation expense 122,000.00

Cost
Less: Accumulated depreciation
as of January 1, 2022 259,250.00
for 2022 122,000.00
Carrying value

2023
** no additional acquisitions or disposals within the year
** no changes in life

Depreciation expense 122,000.00

Cost
Less: Accumulated depreciation
as of January 1, 2022 259,250.00
for 2022 122,000.00
for 2023 122,000.00
Carrying value
Dep'n expense Accum Dep'n Book value
152,500.00 152,500.00 (152,500.00)
142,333.33 294,833.33 (294,833.33)
122,000.00 416,833.33 (416,833.33)
122,000.00 538,833.33 (538,833.33)

152,500.00 106,750.00 0.75

381,250.00
(381,250.00)
 -

503,250.00
(503,250.00)