On January 1, 2015, Star Inc. purchased equipment for the new plant. The company paid $250,000 for the new equipment. Assume the company uses the double-declining balance method to depreciate the equipment and that the machines have an expected useful life of 4 years with no residual value.

a) Prepare the following schedule to record the depreciatoin expense, accumulated depreciatoin and net book value for the 4 years.

Year Beginning of Year Book Value Depreciation Expense Accumulated Depreciation to Date Net Book Value