1. Prepare a depreciation schedule for all 5 years of the asset's expected life using the...

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1. Prepare a depreciation schedule for all 5 years of the asset's expected life using the straight-line depreciation method. If an amount is zero, enter "0". Dunn Corporation Straight-Line Depreciation Method Five Years End of Year Depreciation Expense Accumulated Depreciation Book Value 140,000 Year 1 28,000 28,000 112,000 Year 2 28,000 56,000 $4,000 Year 3 28,000 $4,000 56,000 Year 4 28,000 112,000 28,000 Year 5 25,000 140,000 2. Prepare a depreciation schedule for all 5 years of the asset's expected life using the double-declining-balance depreciation method. Round all answers to the nearest dollar. If an amount is zero, enter "0". Dunn Corporation Double-Declining-Balance Depreciation Method Five Years End of Year Depreciation Expense Accumulated Depreciation Book Value 140,000 Year 1 Year 2 Year 3 Year 4 Year 5 Check My Work 2 more Check My Work uses remaining < Previous Next 1000 1. Prepare a depreciation schedule for all 5 years of the asset's expected life using the straight-line depreciation method. If an amount is zero, enter "0". Dunn Corporation Straight-Line Depreciation Method Five Years End of Year Depreciation Expense Accumulated Depreciation Book Value 140,000 Year 1 28,000 28,000 112,000 Year 2 28,000 56,000 $4,000 Year 3 28,000 $4,000 56,000 Year 4 28,000 112,000 28,000 Year 5 25,000 140,000 2. Prepare a depreciation schedule for all 5 years of the asset's expected life using the double-declining-balance depreciation method. Round all answers to the nearest dollar. If an amount is zero, enter "0". Dunn Corporation Double-Declining-Balance Depreciation Method Five Years End of Year Depreciation Expense Accumulated Depreciation Book Value 140,000 Year 1 Year 2 Year 3 Year 4 Year 5 Check My Work 2 more Check My Work uses remaining < Previous Next 1000

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