Problem 7-71B (Algorithmic) Depreciation Schedules Dunn Corporation acquired a new depreciable asset for $143,000. The asset has a 5-year expected life and a residual value of zero. Required: 1. Prepare a depreciation schedule for all 5 years of the asset's expected life using the straight-line depreciation method. If an am enter "0" Dunn Corporation Straight-Line Depreciation Method Five Years End of Year Depreciation Expense Accumulated Depreciation Book Value Year 1 Year 2 Year 3 Year 4 Year 5 2. Prepare a depreciation schedule for all 5 years of the asset's expected life using the double-declining-balance depreciation answers to the nearest dollar. If an amount is zero, enter "0". Dunn Corporation Double-Declining-Balance Depreciation Method Five Years Check My Work 2 more Check My Work uses remaining. Pre e Bookmar Year 1 Year 2 Year 3 Year 4 Year 5 2. Prepare a depreciation schedule for all 5 years of the asset's expected life using the double-declining-balance depreciation method. Round all answers to the nearest dollar. If an amount is zero, enter "0". Dunn Corporation Double-Declining-Balance Depreciation Method Five Years End of Year Depreciation Expense Accumulate Depreciation Book Value Year 1 Year 2 Year 3 Year 4 Year 5 Previous Nex Check My Work 2 more Check My Work uses remaining. Save and Exit Submit Assignment for