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www.MSOfficeGeek.com
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Sum of Year's Digit Depreciation Calculator
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(Excel, OpenOffice, & Google Sheet)
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Sum of Years Depreciation
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Value of Asset $ 1,000,000.00 Total Depreciable Value $ 1,000,000.00
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Additional Costs Of Set-up $ 200,000.00 Book Value at the end of Life Span $ 200,000.00
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Total Value $ 1,200,000.00 First Year Depreciation$333,333.33
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Life Span in Years (Estimated)5First Year Depreciation %33.33%
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Estimated Scrap Value $ 200,000.00 Actual Scrap Value $ 200,000.00
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Difference $ -
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Sum of Years Depreciation ScheduleImportant Sum of Years Depreciation Formulas
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YearDepreciationBook Value
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0 $ 1,200,000.00 Sum of Years Depreciation Formula
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1$333,333.33 $ 866,666.67 (Cost Value - Scrap Value) X (Year / Sum of Years)
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2$266,666.67 $ 600,000.00
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3$200,000.00 $ 400,000.00
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4$133,333.33 $ 266,666.67
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5$66,666.67 $ 200,000.00 Excel Function for Declining Balance Depreciation
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$ 200,000.00 FunctionSYD Function
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$ 200,000.00 Syntax=SYD (cost, salvage, life, period)
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$ 200,000.00
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$ 200,000.00 Formula to Calculate Depreciation Percentage
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$ 200,000.00 (Depreciation / (Cost Value - Salvage Value) X 100
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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$ 200,000.00
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