2. On July 1, 2020, Dae Su Company purchased for 1200,000 snow-making equipment having an estimated useful life of 5 years with an estimated residual value of P20,000. Required: Complete the form below by determining the depreciation expense and year-end carrying amount of equipment for the year ended June 30, 2021 and 2022 using the 1. sum-of-the-years-digits method. 2. double-declining-balance method Sum-of-the-Years'-Digits Method 2021 P 200,000 2022 P 200,000 Equipment Less: Accumulated Depreciation Carrying Amount Depreciation Expense for the Year Double-declining-balance Method 2021 P200,000 2022 P 200,000 Equipment Less: Accumulated Depreciation Carrying Amount Depreciation Expense for the Year Exercise 6-9: Asset depreciation and disposition. Answer each of the following questions. 1. A plant asset purchased for P180,000 has an estimated life of 10 years and a residual value of P14,000. Depreciation for the second year of use, determined by the diminishing-balance method at twice the straight-line rate is Pl