Mayz Co. purchases a factory machine at a cost of 1,000 on January 1, 2020. Mayz expects the machine to have a residual value of 200 at the end of its 4-year useful life. The Company uses the Straight-line depreciation method in preparing its depreciation schedules. Required: (a) Complete the depreciation table with the correct answer for the years 2020 and 2021. Note: write the answers without commas. SOLUTION: (a) Year Depreciable Cost Rate(%) Annual Depreciation Accumulated V Expense Depreciation 2020 $ $ $ 2021