Chapter 4 Assignments 1 Modify What SUP's Straight-Line

hapter 4 Assignments 1 Modify What SUP's Straight-Line Depreciation Schedule You are to add another depreciation schedule for What SUP. Use the ch4-01_SLN_student_name.xls worksheet you created in this chapter. Add a new depreciation worksheet, labeled Asset 1003, using the Move or Copy Shortcut menu. The asset to be depreciated is a forge purchased on January 1, 2018, for $85,000. It has an estimated salvage value of $4,000 and is to be depreciated over 3 years using the straight-line method. Update the summary worksheet to include information on this new asset. (Be careful to note the date this asset was acquired.) Save the file as ch4-02_SLN_student_name (replacing student_name with your name)