Requilied: 1. Cojculats the depreciatian expense, acoumulated depreciatian, and back walue for esch year a the forklift's life. If necasasery, round any depreelation calculatiana to the nearest dollar. 2. Identify and erialyze the effect of the transection for depreciation for 201.. contra acount is increased, it will have the effert of decrossing the corresponding finandal statement Itent. 3. Rerer to Exlibit 8-2. What ractors may have influenced KoTman's to use the double-declining-balance method? Korfmar's may believe that the dauble-declining-balance methoc with the revenues procuced ty the asset, Kolmman's may also choose this method because it allows taxes until the later years