Wendt Corporation acquired a new depreciable asset for $94,000. The asset has a 4 -year expected life and a residual value of zero. Required: 1. Prepare a depreciation schedule for all 4 years of the asset's expected life using the straight-line depreciation method. If an amount is zero, enter " 0 ". Feedback - Check My Work 1. Straight-line depreciation allocates the depreciable cost over the useful life of the asset. Book value = Cost Accumulated Depreciation. 2. Prepare a depreciation schedule for all 4 years of the asset's expected life using the double-declining-balance depreciation method. If an amount is zero, enter 0 . Wendt Corporation