Exercise $8-10($Algo$)$ Double$-$declining$-$balance depreciation LO P$1$

Calculate annual depreciation expense using double$-$declining$-$balance method.

Prepare a table showing income before depreciation, depreciation expense, and net $($pretax$)$ income for each year and for the total

five$-$year period, assuming double$-$declining$-$balance depreciation is used.

Complete this question by entering your answers in the tabs below.

Depreciation

Income

Schedule

Computation

Calculate annual depreciation expenses using double$-$declining$-$balance method.

Note: Round Annual Depreciation to the nearest whole dollar.