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Wonder Baked Chicken bought equipment on January 2, 2018, for $42,000. The equipment was expected to remain in service for four years. At the end

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Wonder Baked Chicken bought equipment on January 2, 2018, for $42,000. The equipment was expected to remain in service for four years. At the end of the equipment's useful life, Wonder estimates that its residual value will be $6,000 Required Prepare an amortization schedule using the double-declining-balance (DDB) method. (Enter a "0" for any items with a zero value.) Double-Declining-Balance Amortization Schedule Amortization for the Year Asset Book DDB Book Date Cost Value Amortization Expense Accumulated Amortization Rate Value 1-2-2018 12-31-2018 12-31-2019 12-31-2020 12-31-2021

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