3. [-125 Points] DETAILS BRECMBC9 17.1.024.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Some trucks purchased by a U-Haul franchise should last 7 years. The purchase price was $176,000. Shipping costs were $5,000. The trade-in (salvage value) is 521,000. Prepare a depreciation schedule by using the double-declining-balance method for the trucks. (Round dollar amounts to the nearest cent. Round your percentages to six decimal places.) U-Haul Double-Declining-Balance Depreciation Schedule Truck Fleet End of Year Beginning Book Value ($) Depreciation Rate (%) Depreciation for the Year ($) Accumulated Depreciation ($) Ending book value ($) $181,000 (new) 1 $ % S S $ 2 $ % 5 5 $ $ yo S S 4 $ % 5 5 $ 5 $ S S $ % 5 5 7 $ % $ Need Help? Read It Watch It Master it