Question: Please put in excel spreadsheet and please show formula and answers. Thank you. TRA PRACTICE QUIZ WITH WORKED-OUT SOLUT IONS Prepare a depreciation schedule using

Please put in excel spreadsheet and please show formula and answers. Thank you.
 Please put in excel spreadsheet and please show formula and answers.

TRA PRACTICE QUIZ WITH WORKED-OUT SOLUT IONS Prepare a depreciation schedule using straight-line depreciation for the following: Cost of truck Residual value $ 2,000 Life If the truck were bought on February 3, what would the depreciation expense be in the first year? eed mare practico? Try this ptna Practice Qulz (check $20,000 unizer), Worked-out Solutions be tound in Appendix B at in the Interactive Chapter 3 years nd of teat PS EXTRA PRACTICE OUIZ WITH WORKED-OUT SOLUTIONS From the following facts prepare a depreciation schedule: Need more practice? Try this ctra Practice Quiz (check gures in the Interactive Chapter Machine cost $30,000 $ 2,000 Residual value Expected to produce 56,000 units over its expected life rganizer). Worked-out Solutions an be found in Appendix B at nd of text. 2012 2013 2014 2015 2016 Units produced 1,000 6,000 4,000 2,000 2,500 - EXTRA PRACTICE QUIZ WITH WORKED-OUT SOLUTIONS Prepare a depreciation schedule for three years for the followin Need more practice? Try this Extra Practice Quiz (check figures in the Interactive Chapter Organizer). Worked-out be found in Appendix B at end of text g: Cost of machine: $31,000 Rate: 40% (this is twice the straight-line rate) Estimated life: 5 years Residual olutions value: $1,000 LU 17-40 EXTRA PRACTICE QUIZ WITH WORKED-OUT SOLUTIONS In 2015, Rancho Corporation bought semiconductor eed more practice? Try this xtra Practice Quiz (check gures in the Interactive Chapfer ganiror). Worked-out Solutions an be found in Appendix B at nd of text equipment for $90,000. MACRS, what is the depreciation expense in year 3? What would depreciation be the first year for a wa $900,000? 2/ What wou plant that cou

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