On January 1, 2012, a company buys equipment for $10,000. It has estimated residual value of $1,000, and an estimated life of 5 years. Assume the company uses double-declining-balance depreciation. Please complete the depreciation schedule below.

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The Answer of On January 1, 2012, a company buys equipment for $10,000. It has estimated residual value of $1,000, and an estimated life of 5 years. Assume the company uses double-declining-balance depreciation. Please complete the depreciation schedule below.

On January 1, 2012, a Company Buys Equipment for $10,000