Question: Please write what formula I would have to type! G H 9 B D E F 1 Sullivan Ranch Corporation has purchased a new tractor.

Please write what formula I would have to type!

Please write what formula I would have to type! G H 9

G H 9 B D E F 1 Sullivan Ranch Corporation has purchased a new tractor. The following information is given: 2 3 Cost: $ 150,000 4 Estimated Residual: $ 10,000 5 Estimated Life in years: 4 6 Estimated Life in hours: 1200 7 Actual Hours: 8 Year 1 360 Year 2 270 10 Year 3 350 11 Year 4 220 12 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 16 SULLIVAN RANCH CORPORATION 17 Depreciation Schedule-Straight Line Method 18 End of year amounts Depreciation 19 Year Accumulated Book Value Expense Depreciation 20 1 21 2 22 3 4 24 Total 25 Prepare the following Units-of-Production depreciation schedule by entering formulas. 26 Use absolute cell references when appropriate. 27 SULLIVAN RANCH CORPORATION 28 Depreciation Schedule-Units-of-Production Method End of year amounts Year Depreciation 30 Accumulated Book Value Expense Depreciation Sheet1 23 29

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