Depreciation and Rate of Return Burrell Company purchased a machine for $41,000 on January 2, 2016. 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 $20,500 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. Do not round intermediate calculations. Round final answers to two decimal places. 2016 2017 2018 2019 2020 23.98 x % 30.84 % 43.17 % 71.95 X % 215.85 X % Double-declining-balance depreciation method. Do not round intermediate calculations. Round final answers to two decimal places 7.5 % 2016 2017 2018 32.5 x %