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2) Calculate annual depreciation expenses using double-declining-balance method. Prepare a table showing income before depreciation, depreciation expense, and net (pretax) income for each year
2) Calculate annual depreciation expenses using double-declining-balance method. Prepare a table showing income before depreciation, depreciation expense, and net (pretax) income for each year and for the total five-year period, assuming double-declining-balance depreciation. Year Beginning of Depreciation for the Period Depreciation Rate End of Period Annual Accumulated Book Value period Book Value Depreciation Depreciation Year 1 Year 2 Year 3 Year 4 Year 5 Totals Year 1 Year 2 Year 3 Year 4 Year 5. Totals Income before Deprecation Depreciation Expense Net (Pretax) Income
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