How long will an asset valued for 125000 take to be reduced at 45000.00 on reducing balance method at 20 percent?

Anonymous

∙ 11y ago

Updated: 8/18/2019

Depreciation for first year = 25000 (remaining cost 100000)

Depreciation for second year = 20000 (remaining cost 80000)

Depreciation for third year = 16000 (remaining cost 64000)

Depreciation for forth year = 12800 (remaining cost 51200)

it will be mid of fifth year.

Wiki User

∙ 11y ago

What else can I help you with?

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