David Ltd commences operations on 1 July 2018 On the same date, it purchases a machine at a cost of $100 000 Residual value $10 000 Useful of the machinery is 5 years. David Ltd sold the Machinery on 30 June 2020 at sale price of $ 40 000 Required: a) Prepare depreciation Schedule using double declining balance depreciation method. b). Prepare Journal entry on 30 June 2020 (calculate acc. depreciation using double declining balance depreciation method) c) Prepare depreciation Schedule using Sum of years digit method. d). Prepare journal entry on 30 June 2020 (Calculate acc. depreciation using sum of years digit method) A BIU Tx