On Mar 1, 2015, Company A purchased equipment for $70,000. On the purchase, a sales tax of 13% is being paid. The equipment has defected, so a maintenance cost of $4000 is incurred for repairs. After the equipment arrives, the company must pay the transportation cost of $4100. The company also paid installation and testing costs of $26800. This equipment is estimated to have 5-year useful life. At the end of the 5th year, the salvage value (residual value) will be $20,000. Company A recognizes depreciation to the nearest whole month. Instructions: Make a deprecation schedule a. Using a double-declining balance depreciation method. b. Using straight-line depreciation method.