Computing Double-Declining-Balance Depreciation DeFond Company purchased equipment for $100,000. For each of the following sets of assumptions, prepare a depreciation schedule (all years) for this equipment assuming that DeFond uses the double- declining-balance depreciation method. Useful life Residual Value a. Four years $16,000 b. Five years $6,000 c. Ten years $2,000 Round answers to the nearest whole number. Use rounded answers for subsequent calculations. Four Years Five Years Ten Years b. Year 1 2 Book Value Depreciation Expense $ 100,000 $ 40,000 60,000 24,000 36,000 14,400 21,600 8,640 12,960 5,184 x 3 4 5 Round answers to the nearest Whole number. Use rounded answers Four Years Five Years Ten Years c. Year 1 2 3 4 5 6 Book Value Depreciation Expense $ 100,000 $ 20,000 80,000 16,000 64,000 12,800 51,200 10,240 40,960 8,192 32,768 6,554 26,214 5,243 20,971 4,194 16,777 3,355 13,422 2,684 x 7 8 9 9 10