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Equipment Depreciation
Calculate the annual depreciation of your equipment to factor into job pricing and tax deductions.
Select Equipment
$45,000
7 yr
$8,000
Annual Depreciation
$5,286
Monthly
$440
Daily
$14
Total Depreciable
$37,000
Depreciation Schedule
Year
Depreciation
Accumulated
Book Value
1
$5,286
$5,286
$39,714
2
$5,286
$10,571
$34,429
3
$5,286
$15,857
$29,143
4
$5,286
$21,143
$23,857
5
$5,286
$26,429
$18,571
6
$5,286
$31,714
$13,286
7
$5,286
$37,000
$8,000
Get the depreciation schedule as PDF
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