Mary Corporation purchased a new machine for production on $1/1/22.$ The cost of the machine was $$200,000.$ The salvage value was estimated to be $$50,000.$ Its useful life was estimated to be $5$ years. Year$-$end is December $31$st$.$ Fully depreciate the equipment over the full $5$ years.

Instructions: Compute the depreciation expense under each of the following methods below. Record the journal entry for each year to record the depreciation expense.

$5\mathrm{.}1$ Double$-$Declining Balance method