Prepare all entries that are necessary at April 1, 2021 10. CH11-Calculate depreciation. A machine which cost $200,000 is acquired on January 1, 2020. Its estimated salvage value is $20,000 and its expected life is 5 years. Instructions Calculate depreciation expense for 2020 and 2021 by each of the following methods showing the figures used. (a)straight-line method (b) Double-declining balance method (c) Sum-of-the-years'-digits method 11. CH12-Goodwill 0017 S.comnany purchased Y company by paying $300,000 cash and issuing ony was