Ayayai Company and Whispering Winds Company are two companies that are similar in many respects. One difference is that Ayayal Company uses the straight-line method and Whispering Winds Company uses the declining-balance method at double the straight- line rate. On January 2, 2020, both companies acquired the depreciable assets shown below. Asset Cost Salvage Value Useful Life Buildings $320,000 Equipment 135,000 $20,000 40 years 11,000 10 years Including the appropriate depreciation charges, annual net income for the companies in the years 2020, 2021, and 2022 and total income for the 3 years were as follows. 2020 2021 2022 Total Ayayai Company $80,000 $94,400 $96,000 $270,400 Whispering Winds Company 75,000 73,000 82,000 230,000