Sullivan Ranch Corporation has purchased a new tractor. The following information is given $ $ 150,000 10,000 Cost: Estimated Residual: Estimated Life in years: Estimated Life in hours: Actual Hours: Year 1 1200 360 270 Year 2 350 Year 3 Year 4 220 Prepare the following Straight Line depreciation schedule by using the excel SIN FUNCTION (fx) to calculate the Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. SULLIVAN RANCH CORPORATION Depreciation Schedule Straight Une Method End of year amounts Depreciation Accumulated Expense Depreciation Year Book Value Total Prepare the following Units-of-Production depreciation schedule by entering formulas. Use absolute cell references when appropriate. SULLIVAN RANCH CORPORATION Depreciation Schedule Units-of-Production Method End of year amounts Depreciation Accumulated - Year Book Value Expense Depreciation 2 Total Prepare the following Double Declinin Balance depreciation schedule by using the Excel DDB FUNCTION() to calculate Depreciation F enste i n the Depreciation Expense column. Enter formules or absolute cell references for the remaining cells SULLIVAN RANCH CORPORATION Depreciation Schedule-Double Declining Balance Method nd of year amounts Depreciation Accumulated Book Value Year