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.
Updated May 11, 2016. Depreciable assets are business assets which can be depreciated. That is, the value of the asset is considered as a business expense over the life of the asset. The ability to expense an asset is useful for tax purposes. The IRS uses the term depreciable property, which is basically the same thing as depreciable assets, so we'll use the term depreciable property in this discussion.