Declining-Balance Method

Table 3.3 Declining-balance method

Year

Depreciation Value Per Year

Book Value at the End of the Year

0

50000

1

50000X0.3 = 15000

35000

2

35000X0.3 = 10500

24500

3

24500X0.3 = 7350

17150

4

17150X0.3 = 5150

12000

5

12000X0.3=3600

8400