Qualitative Characteristics.  Referring to the qualitative characteristics of accounting information, indicate the fundamental characteristic (Relevance or Faithful Representation) and its related attribute (confirmatory value, completeness, materiality, n eutrality, or predictive value) for each of the following uses of accounting information.              Uses of Accounting Information:    Fundamental  Attribute Characteristic Potential creditors review Sparky Company's long-term liabilities footnote to determine Sparky's ability to assume additional debt.

Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $