1. Use Microsoft Excel to compute depreciation expenses using the
   1. straight-line method, (all 6 years)
   2. sum of the years digit and (2020, 2021, 2022 and 2023)
   3. double declining balance method. (2020, 2021, and 2023)
2. Use Microsoft Excel to present the balance sheet, (period/years ended 2020 and 2021), including the heading (answering the three questions, whose, what and when) along with the details in the questions specific to the balance sheet, (please include them under specific headings)
3. Use Microsoft Excel to present the income statement, (years ended 2020 and 2021) including the heading (answering the three questions, whose, what and when) along with the details in the questions specific to the income statements, (please include them under specific headings)

Question - Intermediate, Integrity, Perseverance, Accounting Corporation purchase a machinery on September 1, 2020 for $60,500, scrap value of $500, useful life of 6 years.