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traight Line Depreciation Homework ENGR 140 WEEK 9 - Fill out the below Table based on the given information . 1st Cost : $5,

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Straight line depreciation amount for each year = (5000 - 1000) / 8 = $500

Year Depreciation amount($) Book Value($)
0 0 5000
1 500 4500 [i.e., 5000 - 500]
2 500 4000 [i.e., 4500 - 500]
3 500 3500 [i.e., 4000 - 500]
4 500 3000 [i.e., 3500 - 500]
5 500 2500 [i.e., 3000 - 500]
6 500 2000 [i.e., 2500 - 500]
7 500 1500 [i.e., 2000 - 500]
8 500 1000 [i.e., 1500 - 500]
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