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Bramble Corporation purchased machinery on January 1, 2022, at a cost of $256.000. The estimated te of the machinery is 4 years, that period of

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Bramble Corporation purchased machinery on January 1, 2022, at a cost of $256.000. The estimated te of the machinery is 4 years, that period of 30,600. The company considering or rent depreciation methods that could be used for financial reporting purposes an estimated vegewe the end of Prepare separate depreciation schedules for the machinery using the straight-line method, and the d ining balance method using double the straight-inerte STRAIGHT LINE DEPRECIATION Computation Depreciable Cost * Depreciation Rate" Annual Depreciation Expense Years 2022 Accumulated Depreciation Book Value 2023 2024 DOUBLE DECLINING-BALANCE DEPRECIATION Computation End of Year Book Value Beginning of Year * Depreciation Rate Annual Depreciation Expense Accumulated Depreciation Years Book Value 2022 2023 CALCULATOR PRINTER VERSION BACK NEXT 2025 1,100 Depreciation expense for 2020 under Double declining balance is adjusted so that ending book value is equal to salvage value Which method would result in the higher reported 2022 income? In the highest total reported income over the year period? Which method would result in the lower reported 2022 income in the lowest total reported income over the 4-year period

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