The following information applies to the questions displayed below) At the beginning of 2018 Copeland Drugstore purchased a new computer system for $225.000. It is expected to have a veure and SS.000 salvage value Award: 3.75 points b. Record the purchase of the computer system and the depreciation expense for the first year under straight-line and double declining balance methods in a financial statements model like the following one in the Cash Flow column, indicate whether the item is an operating activity (OA), an investing activity (LA), a financing activity (FA) and not change in cash (NC), Wan element is not affected by the event, leave the cell blank. Enter any decreases to account balances and cash outflows with a minus sign.) COPELAND DRUGSTORE Horizontal Statements Model Balance Sheet Income Statement Stockholders Assets Equity Statement of Cash Book Value of Not Revenue - Expenses . Retained Flows Cash 1 Computer System Earnings 225. 0000-00- 00- 00 ON Straight-Une Depreciation Double-Dedining Balance Depreciation 0000-rool rev 02_22_2018_0C_CS-110205. 02_11_2019 O , 187474 References Worksheet Leaming Objective: 08.02 Calculate straight line depreciation and show how it afects financial statements Difficulty: 2 Medium Leaming Objective: 08.03 Calculate double declining balance depreciation and show how to financial