please show formulas

1. Prepare depreciation schedules using Straight-Line, Activity Based, and Double-Declining Balance Depreciation KA ES FILE 6 X HOME INSERT Finance Depreciation Schedules - Excel FORMULAS DATA REVIEW PAGE LAYOUT VIEW Sign In Calibri - 11 GEE Paste BIU- AA % M Alignment Number Conditional Format as Cell Cells Editing Formatting Table Styles Styles fx Sullivan Ranch Corporation has purchased new tractor. The following Clipboard F Font A1 V X E F B D 1 Sullivan Ranch Corporation has purchased a new tractor. The following information is given: 2 3 Cost: $ 150,000 4 Estimated Residual: $ 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 Year 4 220 11 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. 19 5 6 SULLIVAN RANCH CORPORATION 17 Depreciation Schedule-Straight Line Method 18 End of year amounts Year Depreciation Accumulated Book Value Expense Depreciation 20 1 21 2 22 3 23 4 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 Depreciation Schedule-Units-of-Production Method 29 End of year amounts Depreciation Accumulated 30 Year Book Value Expense Depreciation 31 1 32 2 99 33 3 34 35 36 4 Total 37 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. 38 39 40 41 42 SULLIVAN RANCH CORPORATION Depreciation Schedule-Double-Declining-Balance Method End of year amounts Depreciation Accumulated Book Value Expense Depreciation Year 43 44 1 45 46 47 48 2 3 4 Total