Question: is this correct Prepare a depreciation schedule using the double-declining-balance (DDB) method. (Round depreciation expense to the nearest whole dollar.) Double-Declining-Balance Depreciation Schedule Depreciation for

is this correct Prepare a depreciation schedule using the double-declining-balance (DDB) method. (Round depreciation expense to the nearest whole dollar.) Double-Declining-Balance Depreciation Schedule Depreciation for the Year Asset Book DDB Depreciation Accumulated Book Date Cost Value Rate Expense Depreciation Value 1-2-2024 70000 70000 12-31-2024 70000 2 (15) = 28000 28000 42000 12-31-2025 42000 2 (15) = 16800 44800 25200 12-31-2026 25200 2 (15) = 10080 54880 15120 12-31-2027 15120 2 (15) = 6048 60928 9072 12-31-2028 4072 65000 5000

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