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5. Go to the Depreciation worksheet. Hwan needs to correct the errors on this worksheet before he can perform any depreciation calculations. Correct the errors
5. Go to the Depreciation worksheet. Hwan needs to correct the errors on this worksheet before he can perform any depreciation calculations. Correct the errors as follows: a. Use Trace Dependents arrows to determine whether the #VALUE! error in cell D20 is causing the other errors in the worksheet. b. C. Use Trace Precedents arrows to find the source of the error in cell D20. Correct the error so that the formula in cell D20 calculates the cumulative declining balance depreciation of the hardware by adding the cumulative depreciation value in Year 1 to the annual depreciation value in Year 2. D20 > X fx =C20+B19 A 10 11 12 B Straight-Line Depreciation Annual depreciation C D Year 1 2 13 Cumulative depreciation $0 14 Depreciated asset value $478,000 SO $478,000 $- 15 16 17 18 19 Declining Balance Depreciation Annual depreciation Year 1 2 20 21 Cumulative depreciation Depreciated asset value SO #VALUE! #VAL $478,000 #VALUE! #VAL
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