Ayayai Corporation purchased machinery on January $1,2025,$ at a cost of $$296,000.$ The estimated useful life of the machinery is

$4$ years, with an estimated salvage value at the end of that period of $$34,600.$ The company is considering different depreciation

methods that could be used for financial reporting purposes.

$$ Your answer is partially correct.

Prepare separate depreciation schedules for the machinery using the straight$-$line method, and the declining$-$balance method

using double the straight$-$line rate.

STRAIGHT$-$LINE DEPRECIATION

Computation

Years Depreciable Cost x Depreciation Rate $=$ Annual Depreciation Expense Accum

$2025$ $ $\%$ $ $

$2026\%$

$2027\%$

$2028\%$

$

DOUBLE$-$DECLINING$-$BALANCE DEPRECIATION

Computation

Years

Book Value Beginning of

Year

$\backslash$times Depreciation Rate $=$ Annual Depreciation Expense Accu

$2025$ $ $\%$ $ $

$2026\%$