How To Calculate And Extend Useful Life Of An Asset
May 25, 2021 Using the straight-line method, we get an annual depreciation of $18,000, so around 9%. By increasing that by 150%, we get a depreciation rate of 13.5%. In the first year, the value of the CNC machine would depreciate by $27,000. In the second year, the depreciation will be 13.5% of the current book value of $173,000, which turns out into $23,350.