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4 0.5 points eBook Print Maples Unlimited bought a machine at the beginning of the year at a cost of $18,000. The estimated useful
4 0.5 points eBook Print Maples Unlimited bought a machine at the beginning of the year at a cost of $18,000. The estimated useful life was five years and the residual value was $2,000. Required: 1. Complete a depreciation schedule for the double-declining-balance method. 2. Prepare the journal entry to record Year 2 depreciation. Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Complete a depreciation schedule for the double-declining-balance method. (Do not round intermediate calculations. Round final answers to the nearest whole dollars.) Income Statement Year Depreciation Expense Cost At acquisition 1 2 3 4 5 Balance Sheet Accumulated Depreciation Book Value
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