ap 7 and 8 monday group Sauna Help S. On July 1, 2020, Yorkton Company purchased for $420,000 equipment having an estimated useful life of five years with residual value of $20,000. Depreciation is calculated to the nearest month. The company has a December 31 year end Required: Complete the following schedules (Amount to be deducted should be indicated by a minus sign.) 2020 2021 2022 1. Double-declining-balance method Equipment Less Accumulated depreciation Year-end book value Depreciation expense for the year $ 05 0 $ 0 2. Straight-line method Equipment Less: Accumulated depreciation Year-end book value Depreciation expense for the year 5 D5 0 $ D