Montonne Corp. is a private company that complies with ASPE. Montonne has a piece of equipment that cost $254,000. Its useful life to the company is estimated to be 15 years, after which it is expected to have a net residual value of $125,000. The equipment is expected to have a total life of 25 years and then would be useful only for scrap, for $2,500.

Required:

Calculate the two alternate measures of depreciation under ASPE, and indicate the amount that the company would record as expense.