On January 1 of the current year, the blank company purchased office machinery for $122,000. the office machinery has an estimated useful life of 5 years and an estimated salvage value of $12,000. complete the depreciation schedule below.

Each formula in column D must include the DDB function.

Cost $122,000

Salvage $12,000

Life (in years) 5

january 1 book value, depreciation expense, accumlated depreciation, december 31 book value