Sushi Corporation bought a machine at the beginning of the year at a cost of $20,500. The estimated useful life was five years and the residual value was $2,000. Required: 1. Complete a depreciation schedule for the double-declining-balance method. 2. Prepare the joumal entry to record Year 2 depreciation. Required information [The following information applies to the questions displayed below] Bridge City Consulting bought a bullding and the land on which it is located for $195,000 cash. The land is estimated to represent 70 percent of the purchase price. The company paid $20,000 for building renovations before it was ready for use. 3. Compute straight-line depreciation on the buliding at the end of one year, assuming an estimated 10-year useful life and a $21,500 estimated residual value. (Do not round intermediate calculations.) 4. What should be the book value of (d) the land and (b) the bullding at the end of year 2