I. Declining balance depreciation $(20$ points$)$

On July $6,2021,$ Bennington purchased new machinery with an estimated useful life of $10$ years. Cost o the equipment was $$50,000,$ with a residual value of $$5,000.$

Prepare the depreciation table of this machinery under $150\%$ and $200\%$ methods $($half$-$year convention$).$