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4 all of the $280,000 represents depreciable assets. Also, all of the depreciable assets have the same useful life and residual values are zero. 2.22 points Required: 1. In order to compare performance with Company A, estimate what B's depreciation expense would have been for 2021 if the double- declining-balance depreciation method had been used by Company B since acquisition of the depreciable assets. 2. If Company B decided to switch depreciation methods in 2021 from the straight line to the double-declining-balance method, prepare the 2021 journal entry to record depreciation for the year, assuming no journal entry for depreciation in 2021 has yet been recorded. eBook Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 References In order to compare performance with Company A, estimate what B's depreciation expense would have been for 2021 if the double-declining-balance depreciation method had been used by Company B since acquisition of the depreciable assets. Double-declining balance Year 1 (2018) $ 180,000 Year 2 (2019) Year 3 (2020) Year 4 (2021) < Required 1 Required 2 >