help me out, thank you.

Problem 9-9A Megan Corporation purchased machinery on January 1, 2017, at a cost of $250,000. The estimated useful life of the machinery is 4 years, with an estimated salvage value at the end of that period of $30,000. The company is considering different depreciation methods that could be used for financial reporting purposes. Your answer is partially correct. Try again. Prepare separate depreciation schedules for the machinery using the straight-line method, and the declining-balance method using double the straight-line rate. STRAIGHT-LINE DEPRECIATION Computation Depreciable Cost x Depreciation Rate = Annual Depreciation Expense End of Year Accumulated Depreciation Book Value 2017 226000 25% 56500 56500 193500 2018 226000 - 25] 56500 113000 137000 2019 226000 25 % 56500 269500 80500 2020 226000 25 % 56500 226000 24000 226000 DOUBLE-DECLINING-BALANCE DEPRECIATION Computation End of Year Book Value Beginning of Year x Depreciation Rate = Annual Depreciation Expense Accumulated Depreciation Years Book Value M 2017 2250000 125000 125000 125000 2018 125000 62500 T 187500 62500 2019 62500 31250 218750 31250 2020 T 31250 31250 L 1,250 * 226000 24000 22600 * Depreciation expense for 2020 under Double declining-balance is adjusted so that ending book value is equal to salvage value. Your answer is correct. Which method would result in the higher reported 2017 income? In the highest total reported income over the 4-year period? Straight-line Depreciation SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT ur answer is correct. Which method would result in the lower reported 2017 income? In the lowest total reported income over the 4-year period? T Double-declining-balance Depreciation A Cliol, if I would Hete sb Works for +bica non Cho Alor