1) Schwing America Inc. had net fixed assets of $1,400,000 at the end of last year. It plans to purchase capital equipment worth $266,666 this year. It uses a declining balance depreciation method with an average depreciation rate of 15%. What will its depreciation expense be this year? Round your answer to the nearest whole number.

2) Analtech Inc. is going to purchase equipment for $186,667. The equipment will be depreciated using the declining balance method with a depreciation rate of 25%. What is the depreciation expense in the second year after the equipments purchase? Round your answer to the nearest whole number.