(DEPRECIATION SCHEDULE E)

Question

E.Office furniture for a set of executive suites costs $12,000.00 and should be replaced after 5-years. The salvage value is $3,000. Prepare a depreciation schedule using a double-declining balance rate for the system. It should include the following for each year:
1.The year's depreciation
2.The accumulated depreciation
3.The year's end-of-book value
Due: 11/01/2007
Thank you so much.......