Question no. 2 A Machine is purchased by Abdel Company on January 1, 2016, at a cost of $250,000. It has an estimated useful life of 4 years. The residual value is estimated to be $8,000 the end of the asset's useful life. Required: a) Make a table showing depreciation expense, accumulated depreciation, and the book value of the asset at end of each year from the year 2016 following double-declining balance method. b) Write down an adjusting entry for the year 2016 and 2017 by using double-declining method