Answer:
First Of all we will calculate depreciation as per Declining Balance Method
The rate of DBM is as follow
= 100 / 8 year
=12.5 Every year
Now we will present depreciation and balance of of each year as follow
| Depreciation | |
| Year | Depreciation |
| Expense | |
| 1 | 187500 |
| 2 | 164063 |
| 3 | 143555 |
| 4 | 125610 |
| 5 | 109909 |
| 6 | 96170 |
| 7 | 84149 |
| 8 | 73630 |
| Year | Book Value | Depreciation | Depreciation | Accumulated | Book Value |
| Year Start | Percent | Expense | Depreciation | Year End | |
| 1 | 1500000 | 0.125 | 187500 | 187500 | 1312500 |
| 2 | 1312500 | 0.125 | 164063 | 351563 | 1148438 |
| 3 | 1148438 | 0.125 | 143555 | 495117 | 1004883 |
| 4 | 1004883 | 0.125 | 125610 | 620728 | 879272 |
| 5 | 879272 | 0.125 | 109909 | 730637 | 769363 |
| 6 | 769363 | 0.125 | 96170 | 826807 | 673193 |
| 7 | 673193 | 0.125 | 84149 | 910956 | 589044 |
| 8 | 589044 | 0.125 | 73630 | 984587 | 515413 |
NOw we will calculate the Depriciation as per declining balance rate of 150%.
As follow
=Rate as per Declinng method * 150%
=12.5% *150%
=18.75 every year
| Year | Depreciation |
| Expense | |
| 1 | 281250 |
| 2 | 228516 |
| 3 | 185669 |
| 4 | 150856 |
| 5 | 122571 |
| 6 | 99589 |
| 7 | 80916 |
| 8 | 65744 |
| Year | Book Value | Depreciation | Depreciation | Accumulated | Book Value |
| Year Start | Percent | Expense | Depreciation | Year End | |
| 1 | 1500000 | 0.1875 | 281250 | 281250 | 1218750 |
| 2 | 1218750 | 0.1875 | 228516 | 509766 | 990234 |
| 3 | 990234 | 0.1875 | 185669 | 695435 | 804565 |
| 4 | 804565 | 0.1875 | 150856 | 846291 | 653709 |
| 5 | 653709 | 0.1875 | 122571 | 968861 | 531139 |
| 6 | 531139 | 0.1875 | 99589 | 1068450 | 431550 |
| 7 | 431550 | 0.1875 | 80916 | 1149365 | 350635 |
| 8 | 350635 | 0.1875 | 65744 | 1215109 | 284891 |
