Drill Problem $17-7$ to $17-10($Algo$)[$LU $17-3(2)]$

Prepare the depreciation schedule, using the declining$-$balance method $($twice the straight$-$line rate$).$

Note: Input all amounts as positive values. Leave no cells blank $-$ be certain to enter $"0"$ wherever required.

Chevrolet Colorado $ $32,500$

Residual value $ $6,500$

Estimated life $5$ years