Balls and Bats Inc. purchased equipment on January 1 2005 at a cost of $100000.

Balls and Bats Inc. purchased equipment on January 1 2005 at a cost of $100000. The estimated useful life is 4 years with a salvage value of $10000.Complete the following tasks for this assignment:Grading Criteria% of grade for this assignmentPrepare two different depreciation schedules for the equipmentone using the double-declining balance method and the other using the straight-line method. (Round to the nearest dollar).60%Determine which method would result in the greatest net income for the year ending December 31 2005.20%How would taxes affect managements choice between these two methods for the financial statements?20%Please submit your assignment.For assistance with your assignment please use your text Web resources and all course materials.Unit Materials