Paste B I U . . - A Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font 021 100 points BC 1 Sullivan Ranch Corporation has purchased a new tractor. The following information is given: eBook $ $ 150,000 10,000 Ask 1200 Print 3 Cost: Estimated Residual: 5 Estimated Life in years: 6 Estimated Life in hours: 7 Actual Hours: 8 Year 1 9 Year 2 10 Year 3 11 Year 4 References 360 270 350 220 Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (fx) to calculate the Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (fx) to calculate the Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 14 SULLIVAN RANCH CORPORATION Depreciation Schedule-Straight Line Method End of year amounts Depreciation Accumulated Expense Depreciation $ 35,000 Year Book Value - 2 w Total 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 Depreciation Accumulated Year Expense Depreciation Book Value Nmmmmmmm 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 Year Book Value Expense Depreciation 1 2 Total