Add to LVP
Double Bass
No
Software
No
Violin
Yes
Laptop
No
Violin
Yes
b) ASSET
Violin
Violin
127.84
Metronme
Double bass Case
Decline in value rate 66.67% is higher than low value pool rate 37
$ VALUE
RATE
948
935
450
800
18.75
37.5
18.75
9.375
861.4
ACQUSITION DATE
COST
2/10/2008
10/5/2009
15/10/2012
OAV
1,795
1,009
3540
6480
1,210
641
948
931
920.93
18804.26
1250.97
6253.25
36750
20055.23
321.25
2500
375
107
2505
2500
0.02
37.50
678.75
EFFECTIVE LIFE RATE
PC
20
10%
4
25%
20
10%
3
67%
20
10%
DV
TAXABLE USE
PC
50%
20%
95
50%
620.67
60%
75
25%
DV
121
253
51
51
258
28259
18369.22
2927.632
65%
CWDV
CAV
1,149.0
1,089
590.0
641
48.00
900.0
853
373.00
558.0
310
19
3,521.0
3,465
501
61
Asset
HOLDEN
16
31
30
77
Method
12% cost
1/3 expenses
Log book
Cents per KM
Workings
12%x27590
10986/3
Answer e
5000*0.74
Acqusition
date
2/2/2011
621
1824
86
1910
0.65003
Cost
$
27,590
OAV
$
18,564
Effective
Life
8
Rate
$
25%
DV
$
4,641
Taxable
Use
65%
DV
$
3,017
372.6
3417
4641
2928
10986
3471
4641
2928
11040
7140.9
11040
7,176.00
74.67945205
18.66986301
28259
18368.35
717600
29.98501
28259
18368.35
46.14286
2927.6324
0.650030713
366
1095
1461
365
1826
185000
370000
CWDV
$
15,547
CAV
$
13,923