Question: Prepare a spreadsheet for Double Declining Balance method for the first three years only. On January 4, 20x1, Wilson Co purchased new equipment for $310,000


Beginning Book Value Depreciation Annual Accumulated Year Rate Depreciation Depreciation 310,000Prepare a spreadsheet for Double Declining Balance method for the first three years only. 
On January 4, 20x1, Wilson Co purchased new equipment for $310,000 that had a useful life of four years and a salvage value of $40,000. 
Make sure to create a formula using cell references, not the number values.

Beginning Book Value Depreciation Annual Accumulated Year Rate Depreciation Depreciation 310,000

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