Depreciation and Rate of Return Burrell Company purchased a machine for $59,000 on January 2, 2019. The machine has an estimated service life of 5 years and a zero estimated residual value. The asset earns income before depreciation and income taxes of $29,500 each year. The tax rate is 25%.

Required: Compute the rate of return earned (on the average net asset value) by the company each year of the asset's life under the straight-line and the double-declining-balance depreciation methods. Assume that the machine is the company's only asset.

Straight-line method. If required, round to one decimal place.

2019 _%

2020 _%

2021 _%

2022 _%

2023 _%

Double-declining-balance depreciation method. Round to two decimal places. Round your intermediate dollar value calculations to the nearest whole number.

2019 _%

2020 _%

2021 _%

2022 _%

2023 _%