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Prepare the depreciation schedule, using the declining-balance (twice the straight-line rate). (Input all amounts as positive values. Leave no cells blank - be certain to
Prepare the depreciation schedule, using the declining-balance (twice the straight-line rate). (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required.) Chevrolet Colorado Residual value Estimated life End of year 1 2 3 4 Cost of Chevy truck $ 30,000 $ 6,000 5 years Accumulated depreciation at beginning of year Book value at Depreciation beginning of year expense for year Accumulated depreciation at end of year Book value at end of year
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