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0. Elena also needs to compare straight-line depreciation amounts with declining balance depreciation amounts to determine which method is more favorable to the company's finances.

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0. Elena also needs to compare straight-line depreciation amounts with declining balance depreciation amounts to determine which method is more favorable to the company's finances. Go to the Depreciation worksheet. In cell B9, enter a formula using the SLN function to calculate the straight-line depreciation for the new shuttle service during its first year of operation. Use absolute references for the cost, salvage, and life arguments, which are stored in the range B3:B5. Fill the range C9:F9 with the formula in cell B9 to calculate the annual and cumulative straight-line depreciation in Years 2-5. 11. - In cell B15, enter a formula using the DB function to calculate the declining balance depreciation for the new shuttle service during its first year of operation. Use Year 1 (cell) B14) as the current period. Use absolute references only for the cost, salvage, and life arguments. Fill the range C15:F15 with the formula in cell B15 to calculate the annual and cumulative declining balance depreciation in Years 2-5. 12. Go to the Profit \& Loss worksheet. Elena has entered most of the income and expense data on the worksheet. She estimates revenue will be $825,000 in Year 1 and $1,400,000 in Year 5 of the shuttle service. She needs to calculate revenue for Years 2- Airport Shuttles Depreciation 11 Drprecuted ausetvalue s 115.000 s ils.000 s 115.000 s 115.000 s 115.000

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