On January 4, 20X1, Columbus Company purchased new equipment for $633,000 that had a useful life of four years and a salvage value of $43,000. Required: Prepare a schedule showing the annual depreciation and end-of-year accumulated depreciation for the first three years of the asset's life under the straight-line method, the sum-of-the-years'-digits method, and the double-declining-balance method. Analyze: If the sum-of-the-years'-digits method is used to compute depreciation, what would be the book value of the asset at the end of 20X2? Complete this question by entering your answers in the tabs below. Straight Line Sum of the Years Digits Double Declining Analyze Balance Prepare a schedule showing the annual depreciation and end-of-year accumulated depreciation for the first three years of the asset's life under the sum-of-the-years'-digits method. SUM-OF-THE-YEARS'-DIGITS METHOD Year Fraction Cost Less Salvage Annual Accumulated Depreciation Depreciation 20X1 4/10 20X2 3/10 20X3 2/10