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F G Depreciation by two methods DATA Asset Kubota tractor Acquisition date January 8 Cost $91,000 Useful life (years) 4 Using formulas and cell references,
F G Depreciation by two methods DATA Asset Kubota tractor Acquisition date January 8 Cost $91,000 Useful life (years) 4 Using formulas and cell references, perform the required analysis, and input your answers into the First Year and Second Year columns. Transfer the numeric results for the green entry cells (B12, D12, B14, D14) into the appropriate fields in g. First Year Formulas Second Year Formulas Straight-line Double-declining no A Kubota tractor acquired on January 8 at a cost of $91,000 has an estimated useful life of 4 years. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. x Open spreadsheet Assuming that it will have no residual value, determine the depreciation for each of the first two years: A. by the straight-line method. Round your answers to the nearest dollar. Second Year First Year $ B. by the double-declining balance method. Round your answers to the nearest dollar First Year Second Year $
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