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I took the "Never Ending Book Quiz ("Finish the 1984 quotation: "War is Peace, Freedom is Slavery, Ignorance is___") I considered joining Listopia and finding the members' vote for "Books for a Pandemic".
Label the columns in the header row as follows: Beginning Book Value, Total Depreciable Cost, Depreciation Rate, Depreciation Expense, Accumulated Depreciation and Ending Book Value.
Subtract the first year's deprecation from the Beginning Book Value to determine the Ending Book Value; this is also the second year's Beginning Book Value.
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Now, it's only around 10percentt based on the year-end book value, admittedly now too high.
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CEO of Professional Science Editing for Scientists @ prosciediting.com