On July 1, 2020, Yorkton Company purchased for $800,000 equipment having an estimated useful life of eight years with an estimated residual value of $30,000 Depreciation is calculated to the nearest month. The company has a December 31 year-end. Required: Complete the following schedules: (Amount to be deducted should be indicated by a minus sign.) 2020 2021 2022 1 Double-declining balance method Equipment Loss: Accumulated depreciation Year-end book value Depreciation expense for the year 0 0 $ 0 2 Straight-line method Equipment Less Accumulated depreciation Year-end book value Depreciation expense for the year $ 0 S OS 0