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HUME INSERI PAGE LATUUT PAGE LAYOUT PURMULAS DATA De 20 Cells Editing Pastel B I U . 3- A Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font Sullivan Ranch Corporation has purchased a new tractor. The following 1 Sullivan Ranch Corporation has purchased a new tractor. The following information is given: $ $ 150,000 10,000 4 1200 3 Cost: 4 Estimated Residual: 5 Estimated Life in years: 6 Estimated Life in hours: 7 Actual Hours: Year 1 Year 2 Year 3 Year 4 360 Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (TX) to calculate the 15 Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references the remaining cells. SULLIVAN RANCH CORPORATION Depreciation Schedule-Straight Line Method End of year amounts Depreciation Accumulated Expense Depreciation Year Book Value 25 Prepare the following Units-of-Production depreciation schedule by entering formulas. 26 Use absolute cell references when appropriate. SULLIVAN RANCH CORPORATION Depreciation Schedule-Units-of-Production Method End of year amounts Year Depreciation Accumulated Book Value Expense Depreciation Total Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB FUNCTION (fx) to calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. SULLIVAN RANCH CORPORATION Depreciation Schedule-Double-Declining-Balance Method End of year amounts Depreciation Accumulated Book Value Expense Depreciation Year Total