A writing instrument for use by a grader comprises an elongate, tubular housing, a writing component secured within the housing and operative to make marks on a surface, and a calculation assembly comprised of electronic components. The calculation assembly is retained within the housing and includes a plurality of data entry devices for entering data used to calculate a grade, the data entry devices being accessible by the grader through an exterior surface of the housing; a processing device programmed to receive data from the plurality of data entry devices and calculate the grade based on the entered data by performing division; and a display component for displaying to the grader the grade calculated by the processing device. A method of grading comprises using the writing instrument.