Pina Corporation purchased machinery on January 1, 2022, at a cost of $274,000. The estimated useful life of the machinery is 4 years, with an estimated salvage value at the end of that period of $32,400. The company is considering different depreciation methods that could be used for financial reporting purposes. 11.02/12 IN STRAIGHT-LINE DEPRECIATION End of Yea: Depreciation Rate Annual Depreciation Expense Accumulated Depreciation Book Value 25 96 $ 60400 $ 60400 $ 181200 25 %6 60400 120100 120100 25 %6 60400 60400 60400 25 %% 60400 60400 0 $ 241600 DOUBLE-DECLINING-BALANCE DEPRECIATION End of Year Depreciation Rate Annual Depreciation Expense Accumulated Depreciation Book Value 50 96 $ 137000 $ 137000 $ 137000 50 96 68500 68500 68500 34250 50 % 34250 34250 1850 1850 50 96 1.850 241600