Question: The bean-counters at Chegg Cheaters Ltd bought a fake-certificate printer with the following accounting information: $200 installed cost, $20 salvage value, 4 years useful life.

The bean-counters at Chegg Cheaters Ltd bought a fake-certificate printer with the following accounting information: $200 installed cost, $20 salvage value, 4 years useful life. Compute the annual depreciation allowances and the resulting book value, using

Double declining balance method. [5]
Sum-of-the-years digits method. [5]

Present your results in a table.

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