Bramble Corporation purchased machinery on January 1.2022. at a cost of $256.000. The estimated useful life of the machinery is 4 years, with an estimated salvage value at the end of that period of $30,600. The company is considering different depreciation methods that could be used for financial reporting purposes. 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 End of Year Computation Depreciable Cost X Depreciation Rate = Annual Depreciation Expense Accumulated Depreciation Years 2022 $ 2023 2024 2025 DOUBLE-DECLINING-BALANCE DEPRECIATION End of Year Computation Book Value Beginning of * Depreciation Rate = Annual Depreciation Expense Accumulated Depreciation Book Val Year 1,400