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Prepare the depreciation schedule, using the declining - balance method ( twice the straight - line rate ) . Note: Input all amounts as positive

Prepare the depreciation schedule, using the declining-balance method (twice the straight-line rate). Note: Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Chevrolet Colorado $ 25,000 Residual value $ 5,000 Estimated life 5 years
Cost of truck Accumulated Depreciation at beginning of year Book Value at beginning of year Depreciation expense for year Accumulated Depreciation at end of year Book value at end of year
End of year 1
End of year 2
End of year 3
End of year 4

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