How to Project Gross PPE, Accumulated Depreciation, and Net PP&E
Having a bit of troubling recreating a company's PP&E and subsequently projecting it out.
For Year 1:
On IS:
Depreciation: 260,027
CapEx: 350,000
On BS:
Cap Leases: 148,711
Gross PP&E: 4,955,210
Acc. Dep: 2,867,924
Net PP&E: 2,087,286
For Year 2:
On IS:
Depreciation: 238,776
CapEx: 350,000
On BS:
Cap Leases: 425,121
Gross PP&E: 4,492,659
Acc. Dep: 2,460,866
Net PP&E: 2,031,793
I'm not seeing how Gross PP&E or Acc. Dep for Year 2 are calculated. More so, I'm confused on how to project these numbers on a forward basis. Am I missing something here?
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