Question

Is this correct

Small Builders, Inc. Depreciation Schedule
				Hint:
Asset #	1001			IF=(condition, value if true, value if false) - Cell G12
Asset	Display Cases			IF=[condition, value if true, value if false(condition, value if true, value if false)] - Cells G13-G16
Date acquired	1/1/2015		X	should switch
Cost	$        15,000.00		-	do not switch
Depreciation method	DDB
Salvage value
Estimated useful life	5
Year	Depreciation Expense	Accumulated Depreciation		Straight-Line Test	Switch*	Depreciation Expense	Accumulated Depreciation
2015	$6,000.00	$6,000.00		$3,750.00	-	6000	$6,000.00
2016	$3,600.00	$9,600.00		$2,250.00	-	3600	$9,600.00
2017	$2,160.00	$11,760.00		$1,800.00	-	2160	$11,760.00
2018	$1,296.00	$13,056.00		$1,620.00	X	1620	$13,380.00
2019	$777.60	$13,833.60		$1,944.00	X	1620	$15,000.00
**If a switch is appropriate then the straight-line depreciation expense will be used, otherwise the depreciation expense for
double-declining balance will be used.

Answer 1