Straight-line Method of Depreciation. In straight line depreciation method, cost of a fixed asset is reduced uniformly over the useful life of the asset. Since depreciation expense charged to income statement in each period is the same, the carrying amount of the asset on balance sheet declines in a straight line.
The price of a camshaft will depend on the car youâre driving and the auto repair shop you take it to. To replace a camshaft in most vehicles with an overhead cam, the cost will be about $700 to $1,300. Parts, depending on the make and model of the vehicle, can be in the $150 to $300 range. Foreign camshafts tend to be 2 to 3 times more than an American branded camshaft.
Replacing one or two crankshaft bearings shouldn't cost $5,000. I expect you'll find someone who'll do it for about $2500. Replacing crankshaft bearings is much easier than an engine rebuild, and $5000 should be close to enough for an entire engine rebuild, or at least a stock rebuilt engine from an engine rebuilding outfit. I think fixing the bearing at an affordable price of around $2500 is better than new car payments any day.