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Thank you very much Duckster, that's a very helpful and clear post. Much appreciated.... hopefully it helps someone else as well. Now to crunch a whole heap of figures... :)

Hey all, looking for an excel guru out there I have a six year old depreciation schedule, and I need to figure out how to extend the useful life of it... (you're speaking to my accountant) As it stands, I know everything on a standard DepSched. - original cost, already claimed, the residual...