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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

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 $ 24,000
Residual value $ 4,800
Estimated life 5 years

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