E9-8 (Algo) Computing and Recording Double-Declining-Balance Depreciation [LO 9-3] Figaro Production bought a machine at the beginning of the year at a cost of $19,500. The estimated useful life was five years and the residual value was $2,000. Required: 1. Complete a depreciation schedule for the double-declining-balance method. 2. Prepare the journal entry to record Year 2 depreciation. Complete this question by entering your answers in the tabs below. Complete a depreciation schedule for the double-declining-balance method. (Do not round intermedlate calculations. Round final answers to the nearest whole dollars.) Complete this question by entering your answers in the tabs below. Complete a depreciation schedule for the double-declining-balance method. (Do not round intermediate calculations. Round final answers to the nearest whole dollars.) Journal entry worksheet Record the adjusting entry for depreciation expense for Year 2. Note: Enter debits before credits