Skip Navigation
small NCES header image
Financial Accounting for Local and State School Systems: 2009 Edition
NCES 2009-325
June 2009

Exhibit 3.  Straight-line depreciation method
Historical cost of equipment $45,000
Estimated salvage value $5,000
Estimated useful life 8 years
Annual Depreciation expense calculation ($45,000 $5,000) / 8 years = $5,000 depreciation expense per year
Would you like to help us improve our products and website by taking a short survey?

YES, I would like to take the survey


No Thanks

The survey consists of a few short questions and takes less than one minute to complete.
National Center for Education Statistics -
U.S. Department of Education