GlenCalc

Depreciation calculator

Enter the cost, salvage value and useful life. You get the depreciation for each year and the book value left, by the method you choose.

Your answer

First-year depreciation$3,600.00
Total depreciation$18,000.00
Schedule
YearDepreciationBook value at year end
1$3,600.00$16,400.00
2$3,600.00$12,800.00
3$3,600.00$9,200.00
4$3,600.00$5,600.00
5$3,600.00$2,000.00

Worked out in your browser. Nothing you type is sent to a server.

How we worked it out

Updated as you change the numbers.

  1. Each year = (cost − salvage) ÷ life = ($20,000.00 − $2,000.00) ÷ 5.

Method and assumptions

Straight-line spreads the depreciable amount evenly. Double-declining balance takes twice the straight-line rate from the remaining book value, front-loading depreciation, and switches to straight-line once that gives more. Sum-of-the-years’ digits weights earlier years more. US tax depreciation uses MACRS tables, which differ from these book methods.

Questions

What is straight-line depreciation on $20,000 over 5 years with $2,000 salvage?

$3,600 a year.

Sources

Method and figures checked on . Every worked answer on this page is covered by an automated test. Found a mistake? Tell us.

Embed this calculator on your site

Free to use. Paste this where you want the calculator; it runs in your visitors’ browsers, sets no cookies and sends nothing to us.

Related calculators