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From the following facts, prepare a depreciation schedule using the declining-balance method (twice the straight-line rate): (Input all amounts as positive values. Leave no cells
From the following facts, prepare a depreciation schedule using the declining-balance method (twice the straight-line rate): (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required.) Volvo truck Residual value Estimated life End of year Cost of truck 1 2 3 4 $ 22,500 $ 4,500 5 years Accumulated depreciation at beginning of year Saved Book value at beginning of year Depreciation expense for year Accumulated depreciation at end of year Book value at end of year
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