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.

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eBook Print Question 2 Partially correct Mark 4.00 out of 38.00 Flag question Edit question Computing Double-Declining-Balance Depreciation De Fond 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 a Year Book Value Depreciation Expense 50,000 XS 50,000 2 25,000 x 25,000 3 16,000 x 3,500 x 16,000 eBook B Print Question 2 Partially correct Mark 4.00 out of 38.00 Flag question O Edit question 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 Book Value Depreciation Expense $ 0 x $ OX OX OX OX 2 3 4 0 x 0X 5 eBook Print Question 2 Partially correct Mark 4,00 out of 38.00 Flag question Edit question 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 a. Year Book Value Depreciation Expense 1 $ 50,000 X $ 50,000 2 25,000 X 25,000 16,000 X 3,500 x 16.000