On January $1,2013,$ Williams Company purchased a copy machine. The machine costs $$160,000,$ its estimated useful life is $8$ years, and its expected salvage value is $$10,000.$ Please prepare a schedule to document the depreciation for this asset using both the Straight$-$Line and Double Declining Depreciation methods.

machine $$160,000$

residualt$|10,000$

iffe

$8$ years

$q,$

Sil Rate

$q,=12\mathrm{.}5$