2. ABC Company acquired a vehicle on January 1, 20x2, for $78,000. The machine is estimated to have a 6-year life, with a residual value of $9,000. ABC Company is not certain whether to use the straight-line or double- declining-balance method of depreciation. Prepare the following depreciation schedule: Straight-Line Double-Declining-Balance Depreciation Book Depreciation Book Expense Value Expense Value $78,000 Date 01/01/2X02 12/31/2X02 12/31/20X3 12/31/20X4 12/31/20X5 $78,000