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A Kubota tracter ocquired on January 8 at a cost of 5225,000 has an esemoted vseful life of 10 vears. Assuming that it will hove

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A Kubota tracter ocquired on January 8 at a cost of 5225,000 has an esemoted vseful life of 10 vears. Assuming that it will hove no residuai value. 2. Determine the depreciabion for each of the first two years by the itraighe-line muthod: First Year Second Year b. Determine the depreciation for each of the first twa years by the doubie-cecining-baliance mathod. Do not round the doubie-declining balance rate. If required, round your final answers to the nearest dollar. First Year Second Year 1 x 1

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