Year | Cost or other basis less salvage | Fraction1 | Allowable depreciation | Depreciation reserve |
1954 | $1,500 | 5/15 | $500 | $500 |
1955 | 1,500 | 4/15 | 400 | 900 |
1956 | 1,500 | 3/15 | 300 | 1,200 |
1957 | 1,500 | 2/15 | 200 | 1,400 |
1958 | 1,500 | 1/15 | 100 | 1,500 |
Unrecovered value (salvage) | $250 |
1 The denominator of the fraction is the sum of the digits representing the years of useful life, i.e., 5, 4, 3, 2, and 1, or 15.
Depreciation for 12 months | Allowable depreciation | |||
1954 | 1955 | 1956 | ||
1st year | $500 | (3/4) $375 | (1/4) $125 | |
2d year | 400 | (3/4) 300 | (1/4) $100 | |
3d year | 300 | (3/4) 225 | ||
Total | 375 | 425 | 325 |
Table I-Decimal Equivalents for Use of Sum of the Years-Digits Method, Based on Remaining Life
Remaining life (years) | Decimal equivalent |
100.0 | 0.0198 |
99.9 | .0198 |
99.8 | .0198 |
99.7 | .0199 |
99.6 | .0199 |
99.5 | .0199 |
99.4 | .0199 |
99.3 | .0199 |
99.2 | .0200 |
99.1 | .0200 |
99.0 | .0200 |
98.9 | .0200 |
98.8 | .0200 |
98.7 | .0201 |
98.6 | .0201 |
98.5 | .0201 |
98.4 | .0201 |
98.3 | .0201 |
98.2 | .0202 |
98.1 | .0202 |
98.0 | .0202 |
97.9 | .0202 |
97.8 | .0202 |
97.7 | .0203 |
97.6 | .0203 |
97.5 | .0203 |
97.4 | .0203 |
97.3 | .0203 |
97.2 | .0204 |
97.1 | .0204 |
97.0 | .0204 |
96.9 | .0204 |
96.8 | .0204 |
96.7 | .0205 |
96.6 | .0205 |
96.5 | .0205 |
96.4 | .0205 |
96.3 | .0206 |
96.2 | .0206 |
96.1 | .0206 |
96.0 | .0206 |
95.9 | .0206 |
95.8 | .0207 |
95.7 | .0207 |
95.6 | .0207 |
95.5 | .0207 |
95.4 | .0207 |
95.3 | .0208 |
95.2 | .0208 |
95.1 | .0208 |
95.0 | .0208 |
94.9 | .0209 |
94.8 | .0209 |
94.7 | .0209 |
94.6 | .0209 |
94.5 | .0209 |
94.4 | .0210 |
94.3 | .0210 |
94.2 | .0210 |
94.1 | .0210 |
94.0 | .0211 |
93.9 | .0211 |
93.8 | .0211 |
93.7 | .0211 |
93.6 | .0211 |
93.5 | .0212 |
93.4 | .0212 |
93.3 | .0212 |
93.2 | .0212 |
93.1 | .0213 |
93.0 | .0213 |
92.9 | .0213 |
92.8 | .0213 |
92.7 | .0213 |
92.6 | .0214 |
92.5 | .0214 |
92.4 | .0214 |
92.3 | .0214 |
92.2 | .0215 |
92.1 | .0215 |
92.0 | .0215 |
91.9 | .0215 |
91.8 | .0216 |
91.7 | .0216 |
91.6 | .0216 |
91.5 | .0216 |
91.4 | .0216 |
91.3 | .0217 |
91.2 | .0217 |
91.1 | .0217 |
91.0 | .0217 |
90.9 | .0218 |
90.8 | .0218 |
90.7 | .0218 |
90.6 | .0218 |
90.5 | .0219 |
90.4 | .0219 |
90.3 | .0219 |
90.2 | .0219 |
90.1 | .0220 |
90.0 | .0220 |
89.9 | .0220 |
89.8 | .0220 |
89.7 | .0221 |
89.6 | .0221 |
89.5 | .0221 |
89.4 | .0221 |
89.3 | .0221 |
89.2 | .0222 |
89.1 | .0222 |
89.0 | .0222 |
88.9 | .0222 |
88.8 | .0223 |
88.7 | .0223 |
88.6 | .0223 |
88.5 | .0223 |
88.4 | .0224 |
88.3 | .0224 |
88.2 | .0224 |
88.1 | .0224 |
88.0 | .0225 |
87.9 | .0225 |
87.8 | .0225 |
87.7 | .0225 |
87.6 | .0226 |
87.5 | .0226 |
87.4 | .0226 |
87.3 | .0226 |
87.2 | .0227 |
87.1 | .0227 |
87.0 | .0227 |
86.9 | .0228 |
86.8 | .0228 |
86.7 | .0228 |
86.6 | .0228 |
86.5 | .0229 |
86.4 | .0229 |
86.3 | .0229 |
86.2 | .0229 |
86.1 | .0230 |
86.0 | .0230 |
85.9 | .0230 |
85.8 | .0230 |
85.7 | .0231 |
85.6 | .0231 |
85.5 | .0231 |
85.4 | .0231 |
85.3 | .0232 |
85.2 | .0232 |
85.1 | .0232 |
85.0 | .0233 |
84.9 | .0233 |
84.8 | .0233 |
84.7 | .0233 |
84.6 | .0234 |
84.5 | .0234 |
84.4 | .0234 |
84.3 | .0234 |
84.2 | .0235 |
84.1 | .0235 |
84.0 | .0235 |
83.9 | .0236 |
83.8 | .0236 |
83.7 | .0236 |
83.6 | .0236 |
83.5 | .0237 |
83.4 | .0237 |
83.3 | .0237 |
83.2 | .0238 |
83.1 | .0238 |
83.0 | .0238 |
82.9 | .0238 |
82.8 | .0239 |
82.7 | .0239 |
82.6 | .0239 |
82.5 | .0240 |
82.4 | .0240 |
82.3 | .0240 |
82.2 | .0240 |
82.1 | .0241 |
82.0 | .0241 |
81.9 | .0241 |
81.8 | .0242 |
81.7 | .0242 |
81.6 | .0242 |
81.5 | .0242 |
81.4 | .0243 |
81.3 | .0243 |
81.2 | .0243 |
81.1 | .0244 |
81.0 | .0244 |
80.9 | .0244 |
80.8 | .0244 |
80.7 | .0245 |
80.6 | .0245 |
80.5 | .0245 |
80.4 | .0246 |
80.3 | .0246 |
80.2 | .0246 |
80.1 | .0247 |
80.0 | .0247 |
79.9 | .0247 |
79.8 | .0248 |
79.7 | .0248 |
79.6 | .0248 |
79.5 | .0248 |
79.4 | .0249 |
79.3 | .0249 |
79.2 | .0249 |
79.1 | .0250 |
79.0 | .0250 |
78.9 | .0250 |
78.8 | .0251 |
78.7 | .0251 |
78.6 | .0251 |
78.5 | .0252 |
78.4 | .0252 |
78.3 | .0252 |
78.2 | .0253 |
78.1 | .0253 |
78.0 | .0253 |
77.9 | .0253 |
77.8 | .0254 |
77.7 | .0254 |
77.6 | .0254 |
77.5 | .0255 |
77.4 | .0255 |
77.3 | .0255 |
77.2 | .0256 |
77.1 | .0256 |
77.0 | .0256 |
76.9 | .0257 |
76.8 | .0257 |
76.7 | .0257 |
76.6 | .0258 |
76.5 | .0258 |
76.4 | .0258 |
76.3 | .0259 |
76.2 | .0259 |
76.1 | .0259 |
76.0 | .0260 |
75.9 | .0260 |
75.8 | .0260 |
75.7 | .0261 |
75.6 | .0261 |
75.5 | .0261 |
75.4 | .0262 |
75.3 | .0262 |
75.2 | .0262 |
75.1 | .0263 |
75.0 | .0263 |
74.9 | .0264 |
74.8 | .0264 |
74.7 | .0264 |
74.6 | .0265 |
74.5 | .0265 |
74.4 | .0265 |
74.3 | .0266 |
74.2 | .0266 |
74.1 | .0266 |
74.0 | .0267 |
73.9 | .0267 |
73.8 | .0267 |
73.7 | .0268 |
73.6 | .0268 |
73.5 | .0268 |
73.4 | .0269 |
73.3 | .0269 |
73.2 | .0270 |
73.1 | .0270 |
73.0 | .0270 |
72.9 | .0271 |
72.8 | .0271 |
72.7 | .0271 |
72.6 | .0272 |
72.5 | .0272 |
72.4 | .0272 |
72.3 | .0273 |
72.2 | .0273 |
72.1 | .0274 |
72.0 | .0274 |
71.9 | .0274 |
71.8 | .0275 |
71.7 | .0275 |
71.6 | .0275 |
71.5 | .0276 |
71.4 | .0276 |
71.3 | .0277 |
71.2 | .0277 |
71.1 | .0277 |
71.0 | .0278 |
70.9 | .0278 |
70.8 | .0279 |
70.7 | .0279 |
70.6 | .0279 |
70.5 | .0280 |
70.4 | .0280 |
70.3 | .0280 |
70.2 | .0281 |
70.1 | .0281 |
70.0 | .0282 |
69.9 | .0282 |
69.8 | .0282 |
69.7 | .0283 |
69.6 | .0283 |
69.5 | .0284 |
69.4 | .0284 |
69.3 | .0284 |
69.2 | .0285 |
69.1 | .0285 |
69.0 | .0286 |
68.9 | .0286 |
68.8 | .0287 |
68.7 | .0287 |
68.6 | .0287 |
68.5 | .0288 |
68.4 | .0288 |
68.3 | .0289 |
68.2 | .0289 |
68.1 | .0289 |
68.0 | .0290 |
67.9 | .0290 |
67.8 | .0291 |
67.7 | .0291 |
67.6 | .0292 |
67.5 | .0292 |
67.4 | .0292 |
67.3 | .0293 |
67.2 | .0293 |
67.1 | .0294 |
67.0 | .0294 |
66.9 | .0295 |
66.8 | .0295 |
66.7 | .0295 |
66.6 | .0296 |
66.5 | .0296 |
66.4 | .0297 |
66.3 | .0297 |
66.2 | .0298 |
66.1 | .0298 |
66.0 | .0299 |
65.9 | .0299 |
65.8 | .0299 |
65.7 | .0300 |
65.6 | .0300 |
65.5 | .0301 |
65.4 | .0301 |
65.3 | .0302 |
65.2 | .0302 |
65.1 | .0303 |
65.0 | .0303 |
64.9 | .0303 |
64.8 | .0304 |
64.7 | .0304 |
64.6 | .0305 |
64.5 | .0305 |
64.4 | .0306 |
64.3 | .0306 |
64.2 | .0307 |
64.1 | .0307 |
64.0 | .0308 |
63.9 | .0308 |
63.8 | .0309 |
63.7 | .0309 |
63.6 | .0310 |
63.5 | .0310 |
63.4 | .0311 |
63.3 | .0311 |
63.2 | .0312 |
63.1 | .0312 |
63.0 | .0313 |
62.9 | .0313 |
62.8 | .0313 |
62.7 | .0314 |
62.6 | .0314 |
62.5 | .0315 |
62.4 | .0315 |
62.3 | .0316 |
62.2 | .0316 |
62.1 | .0317 |
62.0 | .0317 |
61.9 | .0318 |
61.8 | .0318 |
61.7 | .0319 |
61.6 | .0319 |
61.5 | .0320 |
61.4 | .0320 |
61.3 | .0321 |
61.2 | .0322 |
61.1 | .0322 |
61.0 | .0323 |
60.9 | .0323 |
60.8 | .0324 |
60.7 | .0324 |
60.6 | .0325 |
60.5 | .0325 |
60.4 | .0326 |
60.3 | .0326 |
60.2 | .0327 |
60.1 | .0327 |
60.0 | .0328 |
59.9 | .0328 |
59.8 | .0329 |
59.7 | .0329 |
59.6 | .0330 |
59.5 | .0331 |
59.4 | .0331 |
59.3 | .0332 |
59.2 | .0332 |
59.1 | .0333 |
59.0 | .0333 |
58.9 | .0334 |
58.8 | .0334 |
58.7 | .0335 |
58.6 | .0336 |
58.5 | .0336 |
58.4 | .0337 |
58.3 | .0337 |
58.2 | .0338 |
58.1 | .0338 |
58.0 | .0339 |
57.9 | .0340 |
57.8 | .0340 |
57.7 | .0341 |
57.6 | .0341 |
57.5 | .0342 |
57.4 | .0342 |
57.3 | .0343 |
57.2 | .0344 |
57.1 | .0344 |
57.0 | .0345 |
56.9 | .0345 |
56.8 | .0346 |
56.7 | .0347 |
56.6 | .0347 |
56.5 | .0348 |
56.4 | .0348 |
56.3 | .0349 |
56.2 | .0350 |
56.1 | .0350 |
56.0 | .0351 |
55.9 | .0351 |
55.8 | .0352 |
55.7 | .0353 |
55.6 | .0353 |
55.5 | .0354 |
55.4 | .0355 |
55.3 | .0355 |
55.2 | .0356 |
55.1 | .0356 |
55.0 | .0357 |
54.9 | .0358 |
54.8 | .0358 |
54.7 | .0359 |
54.6 | .0360 |
54.5 | .0360 |
54.4 | .0361 |
54.3 | .0362 |
54.2 | .0362 |
54.1 | .0363 |
54.0 | .0364 |
53.9 | .0364 |
53.8 | .0365 |
53.7 | .0366 |
53.6 | .0366 |
53.5 | .0367 |
53.4 | .0368 |
53.3 | .0368 |
53.2 | .0369 |
53.1 | .0370 |
53.0 | .0370 |
52.9 | .0371 |
52.8 | .0372 |
52.7 | .0372 |
52.6 | .0373 |
52.5 | .0374 |
52.4 | .0374 |
52.3 | .0375 |
52.2 | .0376 |
52.1 | .0377 |
52.0 | .0377 |
51.9 | .0378 |
51.8 | .0379 |
51.7 | .0379 |
51.6 | .0380 |
51.5 | .0381 |
51.4 | .0382 |
51.3 | .0382 |
51.2 | .0383 |
51.1 | .0384 |
51.0 | .0385 |
50.9 | .0385 |
50.8 | .0386 |
50.7 | .0387 |
50.6 | .0388 |
50.5 | .0388 |
50.4 | .0389 |
50.3 | .0390 |
50.2 | .0391 |
50.1 | .0391 |
50.0 | .0392 |
49.9 | .0393 |
49.8 | .0394 |
49.7 | .0394 |
49.6 | .0395 |
49.5 | .0396 |
49.4 | .0397 |
49.3 | .0398 |
49.2 | .0398 |
49.1 | .0399 |
49.0 | .0400 |
48.9 | .0401 |
48.8 | .0402 |
48.7 | .0402 |
48.6 | .0403 |
48.5 | .0404 |
48.4 | .0405 |
48.3 | .0406 |
48.2 | .0406 |
48.1 | .0407 |
48.0 | .0408 |
47.9 | .0409 |
47.8 | .0410 |
47.7 | .0411 |
47.6 | .0411 |
47.5 | .0412 |
47.4 | .0413 |
47.3 | .0414 |
47.2 | .0415 |
47.1 | .0416 |
47.0 | .0417 |
46.9 | .0418 |
46.8 | .0418 |
46.7 | .0419 |
46.6 | .0420 |
46.5 | .0421 |
46.4 | .0422 |
46.3 | .0423 |
46.2 | .0424 |
46.1 | .0425 |
46.0 | .0426 |
45.9 | .0426 |
45.8 | .0427 |
45.7 | .0428 |
45.6 | .0429 |
45.5 | .0430 |
45.4 | .0431 |
45.3 | .0432 |
45.2 | .0433 |
45.1 | .0434 |
45.0 | .0435 |
44.9 | .0436 |
44.8 | .0437 |
44.7 | .0438 |
44.6 | .0439 |
44.5 | .0440 |
44.4 | .0440 |
44.3 | .0441 |
44.2 | .0442 |
44.1 | .0443 |
44.0 | .0444 |
43.9 | .0445 |
43.8 | .0446 |
43.7 | .0447 |
43.6 | .0448 |
43.5 | .0449 |
43.4 | .0450 |
43.3 | .0451 |
43.2 | .0452 |
43.1 | .0453 |
43.0 | .0455 |
42.9 | .0456 |
42.8 | .0457 |
42.7 | .0458 |
42.6 | .0459 |
42.5 | .0460 |
42.4 | .0461 |
42.3 | .0462 |
42.2 | .0463 |
42.1 | .0464 |
42.0 | .0465 |
41.9 | .0466 |
41.8 | .0467 |
41.7 | .0468 |
41.6 | .0469 |
41.5 | .0471 |
41.4 | .0472 |
41.3 | .0473 |
41.2 | .0474 |
41.1 | .0475 |
41.0 | .0476 |
40.9 | .0477 |
40.8 | .0478 |
40.7 | .0480 |
40.6 | .0481 |
40.5 | .0482 |
40.4 | .0483 |
40.3 | .0484 |
40.2 | .0485 |
40.1 | .0487 |
40.0 | .0488 |
39.9 | .0489 |
39.8 | .0490 |
39.7 | .0491 |
39.6 | .0493 |
39.5 | .0494 |
39.4 | .0495 |
39.3 | .0496 |
39.2 | .0497 |
39.1 | .0499 |
39.0 | .0500 |
38.9 | .0501 |
38.8 | .0502 |
38.7 | .0504 |
38.6 | .0505 |
38.5 | .0506 |
38.4 | .0508 |
38.3 | .0509 |
38.2 | .0510 |
38.1 | .0511 |
38.0 | .0513 |
37.9 | .0514 |
37.8 | .0515 |
37.7 | .0517 |
37.6 | .0518 |
37.5 | .0519 |
37.4 | .0521 |
37.3 | .0522 |
37.2 | .0524 |
37.1 | .0525 |
37.0 | .0526 |
36.9 | .0528 |
36.8 | .0529 |
36.7 | .0530 |
36.6 | .0532 |
36.5 | .0533 |
36.4 | .0525 |
36.3 | .0536 |
36.2 | .0538 |
36.1 | .0539 |
36.0 | .0541 |
35.9 | .0542 |
35.8 | .0543 |
35.7 | .0545 |
35.6 | .0546 |
35.5 | .0548 |
35.4 | .0549 |
35.3 | .0551 |
35.2 | .0552 |
35.1 | .0554 |
35.0 | .0556 |
34.9 | .0557 |
34.8 | .0559 |
34.7 | .0560 |
34.6 | .0562 |
34.5 | .0563 |
34.4 | .0565 |
34.3 | .0566 |
34.2 | .0566 |
34.1 | .0570 |
34.0 | .0571 |
33.9 | .0573 |
33.8 | .0575 |
33.7 | .0576 |
33.6 | .0578 |
33.5 | .0580 |
33.4 | .0581 |
33.3 | .0583 |
33.2 | .0585 |
33.1 | .0586 |
33.0 | .0588 |
32.9 | .0590 |
32.8 | .0592 |
32.7 | .0593 |
32.6 | .0595 |
32.5 | .0597 |
32.4 | .0599 |
32.3 | .0600 |
32.2 | .0602 |
32.1 | .0604 |
32.0 | .0606 |
31.9 | .0608 |
31.8 | .0610 |
31.7 | .0611 |
31.6 | .0613 |
31.5 | .0615 |
31.4 | .0617 |
31.3 | .0619 |
31.2 | .0621 |
31.1 | .0623 |
31.0 | .0625 |
30.9 | .0627 |
30.8 | .0629 |
30.7 | .0631 |
30.6 | .0633 |
30.5 | .0635 |
30.4 | .0637 |
30.3 | .0639 |
30.2 | .0641 |
30.1 | .0643 |
30.0 | .0645 |
29.9 | .0647 |
29.8 | .0649 |
29.7 | .0651 |
29.6 | .0653 |
29.5 | .0656 |
29.4 | .0658 |
29.3 | .0660 |
29.2 | .0662 |
29.1 | .0664 |
29.0 | .0667 |
28.9 | .0669 |
28.8 | .0671 |
28.7 | .0673 |
28.6 | .0675 |
28.5 | .0678 |
28.4 | .0680 |
28.3 | .0682 |
28.2 | .0685 |
28.1 | .0687 |
28.0 | .0690 |
27.9 | .0692 |
27.8 | .0694 |
27.7 | .0697 |
27.6 | .0699 |
27.5 | .0702 |
27.4 | .0704 |
27.3 | .0707 |
27.2 | .0709 |
27.1 | .0712 |
27.0 | .0714 |
26.9 | .0717 |
26.8 | .0719 |
26.7 | .0722 |
26.6 | .0724 |
26.5 | .0727 |
26.4 | .0730 |
26.3 | .0732 |
26.2 | .0735 |
26.1 | .0738 |
26.0 | .0741 |
25.9 | .0743 |
25.8 | .0746 |
25.7 | .0749 |
25.6 | .0752 |
25.5 | .0754 |
25.4 | .0757 |
25.3 | .0760 |
25.2 | .0763 |
25.1 | .0766 |
25.0 | .0769 |
24.9 | .0772 |
24.8 | .0775 |
24.7 | .0778 |
24.6 | .0781 |
24.5 | .0784 |
24.4 | .0787 |
24.3 | .0790 |
24.2 | .0793 |
24.1 | .0797 |
24.0 | .0800 |
23.9 | .0803 |
23.8 | .0806 |
23.7 | .0809 |
23.6 | .0813 |
23.5 | .0816 |
23.4 | .0819 |
23.3 | .0823 |
23.2 | .0826 |
23.1 | .0830 |
23.0 | .0833 |
22.9 | .0837 |
22.8 | .0840 |
22.7 | .0844 |
22.6 | .0847 |
22.5 | .0851 |
22.4 | .0854 |
22.3 | .0858 |
22.2 | .0862 |
22.1 | .0866 |
22.0 | .0870 |
21.9 | .0873 |
21.8 | .0877 |
21.7 | .0881 |
21.6 | .0885 |
21.5 | .0888 |
21.4 | .0892 |
21.3 | .0896 |
21.2 | .0901 |
21.1 | .0905 |
21.0 | .0909 |
20.9 | .0913 |
20.8 | .0917 |
20.7 | .0921 |
20.6 | .0925 |
20.5 | .0930 |
20.4 | .0934 |
20.3 | .0939 |
20.2 | .0943 |
20.1 | .0948 |
20.0 | .0952 |
19.9 | .0957 |
19.8 | .0961 |
19.7 | .0966 |
19.6 | .0970 |
19.5 | .0975 |
19.4 | .0980 |
19.3 | .0985 |
19.2 | .0990 |
19.1 | .0995 |
19.0 | .1000 |
18.9 | .1005 |
18.8 | .1010 |
18.7 | .1015 |
18.6 | .1020 |
18.5 | .1025 |
18.4 | .1030 |
18.3 | .1036 |
18.2 | .1041 |
18.1 | .1047 |
18.0 | .1053 |
17.9 | .1058 |
17.8 | .1063 |
17.7 | .1069 |
17.6 | .1074 |
17.5 | .1080 |
17.4 | .1086 |
17.3 | .1092 |
17.2 | .1098 |
17.1 | .1105 |
17.0 | .1111 |
16.9 | .1117 |
16.8 | .1123 |
16.7 | .1129 |
16.6 | .1135 |
16.5 | .1142 |
16.4 | .1148 |
16.3 | .1155 |
16.2 | .1162 |
16.1 | .1169 |
16.0 | .1176 |
15.9 | .1183 |
15.8 | .1190 |
15.7 | .1197 |
15.6 | .1204 |
15.5 | .1211 |
15.4 | .1218 |
15.3 | .1226 |
15.2 | .1234 |
15.1 | .1242 |
15.0 | .1250 |
14.9 | .1257 |
14.8 | .1265 |
14.7 | .1273 |
14.6 | .1281 |
14.5 | .1289 |
14.4 | .1297 |
14.3 | .1306 |
14.2 | .1315 |
14.1 | .1324 |
14.0 | .1333 |
13.9 | .1342 |
13.8 | .1350 |
13.7 | .1359 |
13.6 | .1368 |
13.5 | .1378 |
13.4 | .1387 |
13.3 | .1397 |
13.2 | .1407 |
13.1 | .1418 |
13.0 | .1429 |
12.9 | .1438 |
12.8 | .1448 |
12.7 | .1458 |
12.6 | .1469 |
12.5 | .1479 |
12.4 | .1490 |
12.3 | .1502 |
12.2 | .1514 |
12.1 | .1526 |
12.0 | .1538 |
11.9 | .1549 |
11.8 | .1561 |
11.7 | .1573 |
11.6 | .1585 |
11.5 | .1597 |
11.4 | .1610 |
11.3 | .1624 |
11.2 | .1637 |
11.1 | .1652 |
11.0 | .1667 |
10.9 | .1680 |
10.8 | .1693 |
10.7 | .1707 |
10.6 | .1721 |
10.5 | .1736 |
10.4 | .1751 |
10.3 | .1767 |
10.2 | .1783 |
10.1 | .1800 |
10.0 | .1818 |
9.9 | .1833 |
9.8 | .1849 |
9.7 | .1865 |
9.6 | .1882 |
9.5 | .1900 |
9.4 | .1918 |
9.3 | .1938 |
9.2 | .1957 |
9.1 | .1978 |
9.0 | .2000 |
8.9 | .2018 |
8.8 | .2037 |
8.7 | .2057 |
8.6 | .2077 |
8.5 | .2099 |
8.4 | .2121 |
8.3 | .2145 |
8.2 | .2169 |
8.1 | .2195 |
8.0 | .2222 |
7.9 | .2244 |
7.8 | .2267 |
7.7 | .2292 |
7.6 | .2317 |
7.5 | .2344 |
7.4 | .2372 |
7.3 | .2401 |
7.2 | .2432 |
7.1 | .2465 |
7.0 | .2500 |
6.9 | .2527 |
6.8 | .2556 |
6.7 | .2587 |
6.6 | .2619 |
6.5 | .2653 |
6.4 | .2689 |
6.3 | .2727 |
6.2 | .2768 |
6.1 | .2811 |
6.0 | .2857 |
5.9 | .2892 |
5.8 | .2929 |
5.7 | .2969 |
5.6 | .3011 |
5.5 | .3056 |
5.4 | .3103 |
5.3 | .3155 |
5.2 | .3210 |
5.1 | .3269 |
5.0 | .3333 |
4.9 | .3379 |
4.8 | .3429 |
4.7 | .3481 |
4.6 | .3538 |
4.5 | .3600 |
4.4 | .3667 |
4.3 | .3739 |
4.2 | .3818 |
4.1 | .3905 |
4.0 | .4000 |
3.9 | .4063 |
3.8 | .4130 |
3.7 | .4205 |
3.6 | .4286 |
3.5 | .4375 |
3.4 | .4474 |
3.3 | .4583 |
3.2 | .4706 |
3.1 | .4844 |
3.0 | .5000 |
2.9 | .5088 |
2.8 | .5185 |
2.7 | .5294 |
2.6 | .5417 |
2.5 | .5556 |
2.4 | .5714 |
2.3 | .5897 |
2.2 | .6111 |
2.1 | .6364 |
2.0 | .6667 |
1.9 | .6786 |
1.8 | .6923 |
1.7 | .7083 |
1.6 | .7273 |
1.5 | .7500 |
1.4 | .7778 |
1.3 | .8125 |
1.2 | .8571 |
1.1 | .9167 |
1.0 | 1.0000 |
Note: For determination of decimal equivalents of remaining lives falling between those shown in the above table, the taxpayer may use the next longest life shown in the table, interpolate from the table, or use the following formula from which the table was derived.
D = 2R / (W + 2F)(W + 1)
where:
D = Decimal equivalent.
R = Remaining life.
W = Whole number of years in remaining life.
F = Fractional part of a year in remaining life.
If the taxpayer desires to carry his calculations of decimal equivalents to a greater number of decimal places than is provided in the table, he may use the formula. The procedure adopted must be consistently followed thereafter.
$12,600-$9,450 ÷ $12,600 * 10 years equals 2.50 years.
Example. The use of the sum of the years-digits method with group, classified, or composite accounts under the remaining life plan is illustrated by the following example:
A calendar year taxpayer maintains a group account to which a five-year life is applicable. Original investment, additions, retirements, and salvage recoveries are the same as those set forth in example (3) of paragraph (b) of § 1.167(b)-1 .
Depreciation Computations on a Group Account Under Remaining Life Plan
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | |
Year | Asset balance Jan. 1 | Current additions | Current retirements | Average asset balance | Straight line amount | Straight line reserve | Remaining life | Asset balance reduced by salvage | Current additions reduced by salvage | Salvage realized | Sum of the years digits depreciation | |||
Col. (4) ÷ life | Col. (5)- Col. (3) accumulated Jan. 1 | [Col. (1)- Col. (6) ÷ Col. (1)] * average service life | Col. (1) * (100%- 6.67%) | Col (2) * (100%- 6.67%) | Accumulated reserve Jan. 1 | Unrecovered Jan. 1 | Rate based on Col. (7) from Table 1 | Allowable depreciation | ||||||
Prior reserve + Col. (14) + Col. (10)- Col. (3) | Col. (8)- Col. (11) | Col. (12) * Col. (13) + 1/2 Col. (9) * F2 | ||||||||||||
1954 | $12,000 | $6,000 | 1 $1,200 | 5.00 | $11,200 | 0.3333 | $1,866 | |||||||
1955 | $12,000 | 12,000 | 2,400 | $1,200 | 4.50 | $11,200 | $1,866 | $9,334 | .3600 | 3,360 | ||||
1956 | 12,000 | 12,000 | 2,400 | 3,600 | 3.50 | 11,200 | 5,226 | 5,974 | .4375 | 2,614 | ||||
1957 | 12,000 | $2,000 | 11,000 | 2,200 | 6,000 | 2.50 | 11,200 | $200 | 7,840 | 3,360 | .5556 | 1,867 | ||
1958 | 10,000 | 2,000 | 9,000 | 1,800 | 6,200 | 1.90 | 9,333 | 200 | 7,907 | 1,426 | .6786 | 968 | ||
1959 | 8,000 | 10,000 | 4,000 | 11,000 | 2,200 | 6,000 | 1.25 | 7,466 | 9,333 | 400 | 7,075 | 391 | .8125 | 1,874 |
1960 | 14,000 | 2,000 | 13,000 | 2,600 | 4,200 | 3.50 | 13,066 | 5,349 | 7,717 | .4375 | 3,376 | |||
1961 | 12,000 | 2,000 | 11,000 | 2,200 | 4,800 | 3.00 | 11,200 | 6,725 | 4,475 | .5000 | 2,238 | |||
1962 | 5,000 | 6,963 |
11/2 year's amount.
2 F = Rate based on average service life (0.3333 in this example).
26 C.F.R. §1.167(b)-3