On average, cost of basic single coat of paint application on walls and ceiling in one 150 ft 2 bedroom vary from $125 to $165 excluding paint expenses and actual prices will be determined by a number of factors.
Subtract the salvage value, if any, to find the depreciable value. 3. Divide the depreciable value by the asset's life, or term of years that the asset will be kept and useful. 1  The result is the amount of annual depreciation for that asset. 2  It will be accrued each year over the life of the asset.
If the asset is tangible, this is called depreciation. If the asset is intangible; for example, a patent or goodwill; it's called amortization. To depreciate means to lose value and to amortize means to write off costs (or pay debt) over a period of time.