Prepare the depreciation schedule, using the declining-balance method (twice the straight-line rate).

Note: Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required.

Chevrolet Colorado	$ 22,000
Residual value	$ 4,400
Estimated life		5 years

Prepare the depreciation schedule, using the declining-balance method (twice the straight-line rate). Note: Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Chevrolet Colorado Residual value Estimated life End of year 1 End of year 2 End of year 3 End of year 4 Cost of Chevy truck $ $ $ $ 22,000 22,000 22,000 22,000 $ 22,000 $ 4,400 5 years Accumulated depreciation at beginning of year Book value at beginning of year Depreciation expense for year Accumulated depreciation at end of year Book value at end of year