Crv corp manufactures small plastic fittings for plumbing applications. they have accepted a new contract to provide a wide range of custom plastic fittings. to service the contract, crv purchases a new, highly complex plastic injection molding machine. crv’s fiscal year coincides with the calendar year. the machine is installed and operational as of july 1, 2015.crv provides the following data: 1. purchase price of machine: $275,0002. shipping and installation: $ 45,0003. training costs: $ 15,0004. useful life: 5 years5. estimated salvage: $ 12,500required: 1. prepare a depreciation schedule showing net book value (beginning and ending), depreciation expense, and accumulated depreciation for the asset. hint: pay attention to dates of acquisition and fiscal year. prepare one schedule for each method: a. straight-lineb. double-declining balance