Please include the right formulas and how to actually put the answers into excel in your answer. Thanks!!

Excel SIM: Determine depreciation using three methods. 1. Prepare depreciation schedules using Straight-Line, Activity Based, and Double-Declining Balance Depreciation. Clipboard G A1 Font 3 Cost: 4 Estimated Residual: 5 Estimated Life in years: 6 Estimated Life in hours: 7 8 9 10 11 Actual Hours: Year 1 Year 2 Year 3 Year 4 A D 1 Sullivan Ranch Corporation has purchased a new tractor. The following information is given: 2 $ $ B fxx Sullivan Ranch Corporation has purchased a new tractor. The following 150,000 10,000 Styles 4 1200 360 270 350 220 E F Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (fx) to calculate the 13 Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 14 15 56780 16 17 18 19 20 21 22 23 24 Year 1 2 3 4 Total SULLIVAN RANCH CORPORATION Depreciation Schedule-Straight Line Method End of year amounts Depreciation Expense Accumulated Depreciation Book Value 25 Prepare the following Units-of-Production depreciation schedule by entering formulas. 26 Use absolute cell references when appropriate. 27 28 29 30 31 32 33 34 35 Year 1 2 3 4 Total SULLIVAN RANCH CORPORATION Depreciation Schedule-Units-of-Production Method End of year amounts Depreciation Expense Accumulated Depreciation Book Value 37 38 39 40 41 42 43 44 45 46 47 48 Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB FUNCTION (fx) to calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. Year 1 2 3 4 Total SULLIVAN RANCH CORPORATION Depreciation Schedule-Double-Declining-Balance Method End of year amounts Depreciation Expense Accumulated Depreciation Book Value