Use the following to answer questions 5 15 DT Property Management purchased a fleet of new mowers for an acquisition cost of $250,000. The company estimates the equipment will have a residual value of $30,000 when they are done using the mowers at the end of four years or about 176,000 machine hours. Prepare a depreciation schedule for four years using the following methods (straight-line and declining balance) Straight-line depreciation method: 5. $. Using Straight-line depreciation what is the book value at the end of year 3? 6. $ Using Straight-line depreciation what is depreciation expense for year 4? 7.$ _Using Straight-line depreciation what is accumulated depreciation at the end of year 4? 8. $ _Using Straight-line depreciation what is the book value at the end of year 4? 180% declining balance: 9. $. Using 180% declining balance depreciation what is depreciation expense for year 2? 10. $ Using 180% declining balance depreciation what is accumulated depreciation at the end of year 2? 11. $ Using 180% declining balance depreciation what is book value at the end of year 2? 12. $ Using 180% declining balance depreciation what is depreciation expense for year 3? 13. $ Using 180% declining balance depreciation what is depreciation expense for year 4