wk 6 q 3

Marigold Corporation purchased machinery on January 1,2025 , at a cost of $266,000. The estimated useful life of the machinery is 4 years, with an estimated salvage value at the end of that period of $31,600. The company is considering different depreciation methods that could be used for financial reporting purposes. (a) Prepare separate depreciation schedules for the machinery using the straight-line method, and the declining-balance method using double the straight-line rate