Compare Two Depreciation Methods Bayside Coatings Company purchased waterproofing equipment on January 2, 2014, for $190,000. The equipment was expected to have a useful life of four years and a residual value of $9,000. Instructions: Determine the amount of depreciation expense for the years ended December 31, 2014, 2015, 2016, and 2017, by (a) the straight-line method and (b) the double- declining-balance method. Also determine the total depreciation expense for the four years by each method. Depreciation Expense Year Straight-Line Method Double-Declining-Balance Method 2014 2015 2016 2017 Total