Question: Complete the following depreciation table using the declining-balance method (twice straight-line rate). Auto: $26,000 Estimated life: 10 years Residual value: $600 End of Cost of

Complete the following depreciation table using the declining-balance method (twice straight-line rate).

Auto: $26,000 Estimated life: 10 years Residual value: $600

End of Cost of Acc. depr. Book value Annual Depr. Acc. depr. Book value

Year asset B.O.Y B.O.Y. Expense E.O.Y. E.O.Y.

1

2

3

4

5

6

7

8

9

10

11

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