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	$	32,500
Residual value	$	6,500
Estimated life	5 years

End of year	Cost of Chevy 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
1	$32,500
2	$32,500
3	$32,500
4	$32,500