Question: please help me solve this problems J .J .J .J Depreciation Schedules- October 82 Project. (10 Homework points).: Seven Corporation acquired a new machine for
please help me solve this problems

J .J .J .J Depreciation Schedules- October 82 Project. (10 Homework points).: Seven Corporation acquired a new machine for $135,000. The asset has a 5 gear expected useful life and a residual value of $15,000. Prepare depreciation schedules for all five years under both the straight-line and double-declining balance methods. [You should have numbers in each of the spaces below. Follow the examples in the text.) .: Straight Line Methodu Year .: Depreciation Expense .: Accumulated Depreciation .: Net Book Value: 1.: 2.: 3.: II5L: 5.: .J .J Double-Declining Balance Method: Year .: Depreciation Expense .: Accumulated Depreciation .: Net Book Value: 1.: 2.: 3.: 4.: 5
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