10 You bought an asset on April 1st for $932,000 You incurred Sales tax of $15,000 and installation costs of $38,400 The life of this asset is 7 years. You estimate that this asset will produce in total about 15 million units will be produced by this asset The salvage value at the end is estimated to be about $55.000 Just calculate the first 3 years for each method below. Year 1 Year 2 Year 3 ST Line Method Formula Depr Expens A/D Year 1 Year 2 Year 3 March 1st of the year. DOB Method Formula Depr Expense A/D Rate: Year 1 Year 2 Year 3 Units of Production Method Formula Depr Expense A/D