USA: +1 (725) 712-1730 
Sign in
An asset has an initial cost of $22,500, useful life of 5 years, and no salvage value. Using Double-Declining Balance (DDB) with a switch to SL at the optimal time, complete the following depreciation table:
Enter your answer exactly as follow: 123456
| EOY | Dn (DDB with Switch to SL) | Book Value |
| 1 | ||
| 2 | ||
| 3 | ||
| 4 | ||
| 5 |
*EOY is End-of-Year
Expert Answer
| 2 | Double declining method | Unrecovered balance | ||
| Depreciation rate = 1*200% / 5 | 40.00% | |||
| 22500 | ||||
| Year 1 | 22500*40% | 9000 | 13500 | |
| Year 2 | (22500-9000)*40% | 5400 | 8100 | |
| Year 3 | 8100*40% | 3240 | 4860 | |
| Year 4 | 4860*40% | 1944 | 2916 | |
| Year 5 | 2916*40% | 1166 | 1750 |
