Using the Declining-Balance Method, Complete the Table as Shown (Twice

Essay

Using the declining-balance method, complete the table as shown (twice the straight-line rate):
Auto: $26,000; Residual Value: $600; Estimated Life: 10 Yrs
$$\begin{array} { | l | l | l | l | l | l | l | } \hline & & \text { Accumulated } & & & \text { Accumulated } & \\& & \text { Depreciation } & \text { Book Value } & \text { Depreciation } & \text { Depreciation } & \text { Book Value } \\ \text { Year } & \text { Cost } & \text { B.O.Y. } & \text { B.O.Y } & \text { Expense } & \text { E.O.Y. } & \text { E.O.Y } \\\hline 1 & \text { A } & \text { B } & \text { C } & \text { D } & \text { E } & \text { F } \\\hline 2 & \text { G } & \text { H } & \text { I } & \text { J } & \text { K } & \text { L } \\\hline 3 & \text { M } & \text { N } & \text { O } & \text { P } & \text { Q } & \text { R } \\\hline\end{array}$$