The fact that generally accepted accounting principles allow companies flexibility in choosing between certain allocation methods can make it difficult for a financial analyst to compare periodic performance from firm to firm. Suppose you were a financial analyst trying to compare the performance of two companies. Company A uses the double-declining balance depreciation method. Company B uses the straight-line method. You have the following information taken from the 12/31/2021 year-end financial statements for Company B Income Statement Depreciation expense $12,000 Balance Sheet Assets: Plant and equipment, at cost $240,000 Less: Accumulated depreciation Net (48,000) $192,000 You also determine that all of the assets constituting the plant and equipment of Company B were acquired at the same time, and that all of the $240,000 represents depreciable assets. Also, all of the depreciable assets have the same useful life and residual values are zero. Required: