Year Rate of Depreciation Depreciation amount

1 14.29% $ 140,184.90
2 24.49% $ 240,246.90
3 17.49% $ 171,576.90
4 12.49% $ 122,526.90
5 8.93% $ 87,603.30
6 8.92% $ 87,505.20
7 8.93% $ 87,603.30
8 4.46% $ 43,752.60

Year Beginning Book value Depreciation Ending Book value

1 $ 981,000.00 $ 140,184.90 $ 840,815.10
2 $ 840,815.10 $ 240,246.90 $ 600,568.20
3 $ 600,568.20 $ 171,576.90 $ 428,991.30
4 $ 428,991.30 $ 122,526.90 $ 306,464.40
5 $ 306,464.40 $ 87,603.30 $ 218,861.10
6 $ 218,861.10 $ 87,505.20 $ 131,355.90
7 $ 131,355.90 $ 87,603.30 $ 43,752.60
8 $ 43,752.60 $ 43,752.60 $ 0.00