SOAP Co. purchases a factory machine at a cost of 2,200 on January 1, 2020. SOAP expects the machine to have a residual value of 200 at the end of its 4-year useful life. The Company uses the Straight-line depreciation method in preparing its depreciation schedules. Required: (a) Complete the depreciation table with the correct answer for the years 2020 and 2021. Note: write the answers without commas. SOLUTION: (a) Year Depreciable Cost Rate(%) Annual Depreciatio Expense 2020 $ $ 2021 $ $