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Sullvan Ranch Corporation has purchased a new tractor and has provided you with information related to the purchase. The Controller has asked you to calculate

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Sullvan Ranch Corporation has purchased a new tractor and has provided you with information related to the purchase. The Controller has asked you to calculate the depreciation for the new piece of equipment using different methods: Stroight-Line depreciation, Unitsof-Production depreciation, and Double-Declining-Balance depreciation, Use the Information included in the Excel Simulation and the Excel functions described below to complete the task. Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (fx) to calculate the 3 Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. Prepare the following Straight Line depreciation schedule by using the excel SLN 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. Prepare the following Units-of-Production depreciation schedule by entering formulas. Use absolute cell references when anorobriate. Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB FUNCTION (fx) to calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells

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