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.
ABC expects to then sell the asset for $10,000, which will eliminate the asset from ABC's accounting records. If it is too difficult to determine a salvage value, or if the salvage value is expected to be minimal, then it is not necessary to include a salvage value in depreciation calculations.Instead, simply depreciate the entire cost of the fixed asset over its useful life.BC expects to then sell the asset for $10,000, which will eliminate the asset from ABC's accounting records. If it is too difficult to determine a salvage value, or if the salvage value is expected to be minimal, then it is not necessary to include a salvage value in depreciation calculations.