thanks in advance

Question 3 (20 points) On January 1st, 2009, Pumba Company purchased equipment for $360,000. The estimated useful life of this asset was 4 years, and the salvage value was $60,000. Required: Part A: Prepare a schedule showing depreciation for the life of the asset, assuming that the company used the straight line method of depreciation. Date 12 Dec 31,2009 Dec 31, 2010 Dec 31, 2011 Dec 31, 2012 cost Depreciation expense Accumulated Net Book depreciation Value 2. Prepare the journal entry to record depreciation for the first year only. Part B: Date 1. Prepare a schedule showing depreciation for the life of the asset, assuming that the company used the double declining balance method of depreciation. Net Book Value, Beg Dec 31,2009 Dec 31, 2010 Dec 31, 2011 Dec 31, 2012 Depreciation expense Accumulated depreciation Net Book Value, End 2. Prepare the journal entry to record depreciation for the first year only