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Sarasota Corporation purchased machinery on January 1, 2025. at a cost of $200,000. The estimated useful life of the machinery is 4 years, with an estimated salvage value at the end of that period of $33,000. The company is considering different depreciation methods that could be used for financial reporting purposes. (a) Prepare separate depreciation schedules for the machinery using the straight-line method, and the declining-balance method using double the straight-line rate. STRAIGHT-LINE DEPRECIATION Computation End of Year Year's Depreciable Cost x Depreciation Rate Annual Depreciation Expense Accumulated Depreciation Book Value 2025 $ % $ 2026 2027 2028 % % DOUBLE-DECLINING-BALANCE DEPRECIATION Computation End of Year Years Book Value Beginning of Year x Depreciation Rate Annual Depreciation Expense Accumulated Depreciation Book Value 2025 3 % 3 2026 2027 2020 % % % 3