Maples Unlimited bought a machine at the beginning of the year at a cost of $18,000. The estimated useful life was five years and the residual value was $2,000.

Required:

1. Complete a depreciation schedule for the double-declining-balance method.

2. Prepare the journal entry to record Year 2 depreciation.

Complete a depreciation schedule for the double-declining-balance method. (Do not round intermediate calculations. Round final answers to the nearest whole dollars.)

Year	Income Statement	Balance Sheet
	Depreciation Expense	Cost	Accumulated Depreciation	Book Value
At acquisition
1		$18,000
2		$18,000
3		$18,000
4		$18,000
5		$18,000