Carla Vista Co.purchased equipment on March 31, 2021, at a cost of $248,000. Management isconsideringthe merits of using the diminishing-balance or units-of-production method of depreciation instead of the straight-line method, which it currently uses for other equipment. The new equipment has an estimated residual value of $8,000and an estimated useful life of either four years or80,000units. Demand for the products produced by the equipment is sporadic so the equipment will be used more in some years than in others. Assume the equipment produces the following number of units each year:14,800units in 2021;20,000units in 2022;20,200units in 2023;20,000units in 2024; and5,000units in 2025.Carla Vistahas a December 31 year end.

Prepare separate depreciation schedules for the life of the equipment using: (Round depreciation per unit to 2 decimal places, e.g. 5.28 and final answers to O decimal places, e.g. 5,275.) Straight-line method: Depreciable Depreciation Accumulated Carrying Year Amount Expense Depreciation Amount $ 2021 $ 240,000 2022 240,000 2023 240.000 2024 240.000 2025 240,000 Double-diminishing-balance method: Opening Carrying Depreciation Accumulated Carrying Year Amount Expense Depreciation Amount $ 2021 $ 2022 2023 2024 2025