$$ What is the double diminishing balanced method

View Policies Current Attempt in Progress A machine that produces cellphone components is purchased on January 1, 2024, for. $137,000. It is expected to have a useful life of four years and a residual value of $11,000. The -machine is expected to producea total of 200,000 components during its life, distributed as follows: 40,000 in in 2025, 60,000 in 2026, and 50,000 in 2027. The company has a December 31 year end. (a) Calculate theamofito#depreciationtobecharged acWytISiihgeach of the following methods: i. Straight-line method depreciation $ per year ii. Units-of-production to 3 decimal places, es. 15.257anddepreciationexpensetoOdecimal places, e.g. 125.)