Question: Using Excel, create a depreciation schedule using both double-declining balance (DDB) and straight-line depreciation. The assumptions are as follows: Cost: $400,000 Salvage: $40,000 Estimated Life:

Using Excel, create a depreciation schedule using both double-declining balance (DDB) and straight-line depreciation. The assumptions are as follows:

Cost: $400,000

Salvage: $40,000

Estimated Life: 4 Years

Rate: 50%

What formulas in excel would I use to calculate the cost, the depreciation expense, the total accumulated depreciation, and the ending book value?

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