ating depreciation-partial periods LO2, 3 On July 1, 2020, Yorkton Company purchased for $440,000 equipment having an estimated useful life of ten years with an estimated residual value of $22,000. 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 $ 0 $ 0 S 0 2 Straight-line method Equipment Less Accumulated depreciation Year-end book value Depreciation expense for the year 0 $ 0 0$ $