Question #4: On April 1, 2013 Sayers Company s 20,000 and a useful life of 5 years. purchased equipment with a cost of S 120,000 and with a residual value of Required: Determine the possible depreciation expense using 1) the straight-line depreciation balance method for COMPLETE depreciable period. and 2) the double declining Double- Declining Straight-I a. Year 1 b. Year 2 c. Year 3 d. Year 4 e. Year 5 f. Year 6