Required information Exercise 8-9A (Algo) Computing and recording straight-line versus double-declining-balance depreciation LO 8-2, 8-3 [The following informatlon applies to the questions displayed below.] At the beginning of Year 1, Copeland Drugstore purchased a new computer system for $155,000. It is expecled to have a five-year life and a $25,000 salvage value. Exercise 8-9A (Algo) Part b b. Record the purchase of the compuler system and the deprecialion expense for the first year under stralght-line and doubledeclining-balance methods in a financial slatements model. Note: In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity, and NC for net change in cash. Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require input