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I am looking to solve the excel question for the Double Declining Depreciation Method. This is what I have so far. Please provide excel formulas
I am looking to solve the excel question for the Double Declining Depreciation Method. This is what I have so far. Please provide excel formulas - thank you!
Romero \& Kiplinger recently purchased some capital assets and would like to project 2 depreciation amounts. Information about the assets are below: \begin{tabular}{|ll|r|r|} \hline 32 & & & \\ \hline 33 & & Supercomputer & \\ \hline 34 & Date Purchased & 1-Jul & \\ \hline 35 & Cost & $126,874 & \\ 36 & Annual Maintenance fee & $450 & \\ 37 & Useful Life & 8 & years \\ 38 & Salvage Value & $27,000 & \\ 39 & Depreciation Method & Double-Declining Balance \\ \hline \end{tabular} Students: The scratchpad area is for you to do any additional work you need to solve this questio Nothing in this area will be graded, but it will be submitted with your assignment. 93 radedWorksheetG
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