Question: just need help with the chart Problem #3 (22 Points) A bank decides to purchase a new computer server for $9,900. The expected useful life

just need help with the chart

Problem #3 (22 Points) A bank decides to purchase a new computer server for $9,900. The expected useful life of the server is 5 years, after which it can be sold for $800. The bank purchases the server on July 1, 2022. The bank uses straight-line depreciation to determine the value of all equipment and intends to use proportional depreciation for the year 2022. Calculate the annual depreciation expense for the server. ACCESS Virtual Learning 2022 Use the annual depreciation expense and the proportional depreciation to complete the following table. Initial Cost: $2,480 Depreciation Carrying Value July 1-Dec. 31, 2022 2023-2024 2024-2025 2025-2026 2026-2027

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