Agriculture Equipment Depreciation Schedule
Agriculture Equipment
Depreciation Schedule
Instructions for Use: Please refer to the following depreciation schedule for our agriculture equipment. This schedule outlines the depreciation values for each equipment type over their respective useful lives.
|
Equipment Type |
Purchase Date |
Initial Cost (USD) |
Useful Life (years) |
Depreciation Method |
Annual Depreciation (USD) |
|---|---|---|---|---|---|
|
Tractors |
$100,000 |
10 |
SL |
$10,000 |
|
|
Harvesters |
$150,000 |
8 |
SL |
$18,750 |
|
|
Sprayers |
$50,000 |
5 |
DDB |
Year 1: $20,000 Year 2: $12,000 Year 3: $7,200 |
|
|
Planters |
$80,000 |
6 |
SL |
$13,333 |
|
|
Irrigation Systems |
$120,000 |
7 |
SL |
$17,143 |
|
|
Mowers |
$30,000 |
4 |
DDB |
Year 1: $15,000 Year 2: $9,000 Year 3: $5,400 |
|
|
Harvest Wagons |
$40,000 |
5 |
SL |
$8,000 |
Note: SL - Straight-Line, DDB - Double Declining Balance
