Sullivan Ranch Corporation has purchased a new tractor. The following information is given: Required: 1....
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Sullivan Ranch Corporation has purchased a new tractor. The following information is given: Required: 1. Prepare the following Straight-Line depreciation schedule by using the Excel SLN function to calculate Depreciation Expense and entering formulas for the remaining cells. Use absolute cell references when appropriate. (Use cells A4 to B12 from the given information to complete this question.) 2. Prepare the following Activity Based depreciation schedule by entering formulas. Use absolute cell references when appropriate. (Use cells AA to B12 from the given information to complete this question.) 3. Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB function to calculate Depreciation Expense and entering formulas for the remaining cells. Use absolute cell references when appropriate. (Use cells A. to B12 from the given information to complete this question.) 3. Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB function to calculate Depreciation Expense and entering formulas for the remaining cells. Use absolute cell references when appropriate. (Use cells A4 to B12 from the given information to complete this question.)
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