Delen Year 3, and Year 4, by (A) the straight double-declining-balance method. Ohi2, at the beginning of value of $90.00% PR 9-4A Depreciation by two methods; sale of fixed asset New lithographic equipment, acquired at a cost of $800,000 on March 1 at the fiscal year, has an estimated useful life of five years and an estimated residual val. The manager requested information regarding the che egarding the effect of alternative methods on trous on the of depreciation expense each year. In the first week of the fifth year, on March 4, the equipment was sold for $12- sold for $135,000 red five year alue of the equiry he double-declining Instructions 1. Determine the annual depreciation expense for each of the estimated of use, the accumulated depreciation at the end of each year, and the book value of ment at the end of each year by (A) the straight-line method and (B) the doubl balance method. The following columnar headings are suggested for each schedule Accumulated Depreciation, Book Value, End of Year Depre Depreciation Expense End of Year Year ear 2. Journalize the entry to record the sale assuming the manager chose the double-declini balance method. 3. Journalize the entry to record the sale in (2), assuming that the equipment was solde $88,750 instead of $135,000