Riverbed Corporation purchased machinery on January 1, 2025, at a cost of $278,000. The estimated useful life of the machinery is 4 years, with an estimated salvage value at the end of that period of $32,800. The company is considering different depreciation methods that could be used for financial reporting purposes. (a) F Your answer is partially correct. Prepare separate depreciation schedules for the machinery using the straight-line method, and the declining-balance method using double the straight-line rate. Riverbed Corporation purchased machinery on January 1, 2025, at a cost of $278,000. The estimated useful life of the machinery is 4 years, with an estimated salvage value at the end of that period of $32,800. The company is considering different depreciation methods that could be used for financial reporting purposes. (a) Your answer is partially correct. Prepare separate depreciation schedules for the machinery using the straight-line method, and the declining-balance method using double the straight-line rate. DOUBLE-DECLINING-BALANCE DEPRECIATION End of Year = Annual Depreciation Expense Accumulated Depreciation Book Value 50% $139000 $ $139000 50 69500 208500 69500 50 34750 243250 .61% \begin{tabular}{rr} \hline 1950 \\ \( \$ \longdiv { 3 2 8 0 0 } \) \\ \hline \end{tabular} 245200 32800 k and Media