PLEASE HELP! Can you also type out answers with the formulas like it asks! Thanks!

1. Prepare depreciation schedules using Straight-Line. Activity Based, and Double-Declining Balance Depreciation 7 BX BB FILE Finance Depreciation Schedules Excel FORMULAS DATA REVIEW INSERT PAGE LAYOUT HOME Sign In VIEW X. Calibri 11 Cells Paste BIU- AN % A Alignment Number Conditional Formatas Cell Formatting Table Styles Style Clipboard Font A1 Sullivan Ranch corporation has purchased a new tractor. The following E F A D Sullivan Ranch Corporation has purchased a new tractor. The following information is given: 2 3 Cost: $ 150,000 4 Estimated Residual: S 10,000 5 Estimated Life in years 4 6 Estimated Life in hours: 1200 7 Actual Hours: 8 Year 1 360 9 Year 2 270 10 Year 3 350 11 Year 4 220 12 F Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (fx) to calculate the 13 Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 14 15 16 SULLIVAN RANCH CORPORATION Depreciation Schedule-straight line Method End of year amounts Year Depreciation Accurnulated Book Value Expense Depreciation 20 2 21 2 22 3 23 24 Total 25 Prepare the following Units-of-Production depreciation schedule by entering formulas. 26 Use absolute cell references when appropriate. 27 SULLIVAN RANCH CORPORATION 28 Deprecation Schedule-Units-of-Production Method 29 End of year amounts 30 Depreciation Year Accumulated Book Value Expense Depreciation 32 32 2 33 3 34 4 35 Total 36 37 Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DOB 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. 38 39 40 43 42 43 Year 44 45 45 47 48 49 50 51 32 SULLIVAN RANCH CORPORATION Depreciation Schedule-Double-bedining-Balance Method End of year amounts Depreciation Accumulated Book Value Expense Depreciation 1 2 3 4 Total +