Double Declining Balance Method -- Commercial Lawn Mower: Acquired January 1. Purchased for $14,000; salvage value is $2,000. Useful life is 5 years.

A. Is the salvage value used to compute book value (circle the answer)? Yes or No

B. How is the double declining rate computed?

C.Complete the following Double Declining Balance Table:

Year	Book Value: Start of Year	DDB Percent	Annual Depreciation Expense	Accumulated Depreciation	Book Value: End of Year
Year 1
Year 2
Year 3
Year 4
Year 5

D. What amount must the balance in the accumulated depreciation account equal in year 4?

E. In which year does the Straight Line Depreciation expense exceed the Double-Declining Balance Depreciation?

F. How does the depreciation requirement after calculations in year 4?