2 On January 1 of the current year, the Madison Mann Company purchased office machinery for $122,000. The office 3 machinery has an estimated useful life of 5 years and an estimated salvage value of $12,000. Complete the depreciation schedule below. Each formula in column D must include the DDB function. tab 3456789 10 11 12 PEE 13 14 15 16 TE 17 10 00 18 19 20 97 21 23456789 22 26 27 28 30 Ready esc aps lock Cost Salvage Life (in years) Instructions Year ! 1 2 3 4 5 January 1 book value DDB F1 Q $122,000 $12,000 5 A $122,000 2 + W Depreciation Expense S #3 20 F3 E Accumulated Depreciation $ 4 D DOD DOO F4 R % 5 F December 31 book value F5 $12,000 MacBook Pro T 6 G F6 Y & 7 F7 H U