Sushi Corporation bought a machine at the beginning of the year at a cost of $17,500. The estimated useful life was five years and the residual value was $2,900. Required: 1. Complete a depreciation schedule for the double-declining-balance method. 2. Prepare the journal entry to record Year 2 depreciation. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete a depreciation schedule for the double-declining-balance method. (Do not round intermediate calculations. Round final answers to the nearest whole dollars.) Income Statement Balance Sheet Year Depreciation Expense Accumulated Cost Depreciation) Book Value At acquisition $ 17,500 1 S 7,000 $ 17,500 2 $ 17,500 3 $ 17,500 4 17,500 O 5 M 17,500 Sushi Corporation bought a machine at the beginning of the year at a cost of $17,500. The estimated useful life was five years and the- residual value was $2,900. Required: 1. Complete a depreciation schedule for the double-declining-balance method. 2. Prepare the journal entry to record Year 2 depreciation. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record Year 2 depreciation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) No Transaction General Journal Debit Credit