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Using the declining-balance method, complete the table as shown (twice the straight-line rate): Auto: $30,000 Estimated life: 5 years Residual value: $800 Year Cost

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Using the declining-balance method, complete the table as shown (twice the straight-line rate): Auto: $30,000 Estimated life: 5 years Residual value: $800 Year Cost Accumulated Depreciation B.O.Y Book Value B.O.Y Depreciation Expense Accumulated Depreciation E.O.Y Book Value E.O.Y 1 69 $ 30,000 2 $ 30,000 3 S 30,000

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