On January 2, 2021, Jatson Corporation acquired a new machine with an estimated useful life of five years. The cost of the equipment was $40,000 with an estimated residual value of $5,000. a. Prepare a complete depreciation table under the three depreciation methods listed as follows. Use a format similar to the illustrations in Exhibits 9-4, 9-5, and 9-6. In each case, assume that a full year of depreciation was taken in 2021. 1. Straight-line. 2. 200 percent declining-balance. 3. 150 percent declining-balance with a switch to straight-line when it will maximize depre-ciation expense. b. Comment on significant differences or similarities that you observe among the patterns of depreciation expense recognized under each of these methods. 1 Exercise 9.2 2 Help Videos 3 Straight Line Method of Depreciation in 3 Steps 4 Double Declining Balance Method of Depreciation 5 Part A 6 (1) Straight-Line Schedule (Depreciable amount =$45,000$5,000=$35,000 ) 13 (2) 200\% Declining-Balance Schedule (Depreciation stops at $5,000 residual value) (3) 150% Declining-Balance Schedule (Depreciation stops at $5,000 residual value)