An analyst gath ered the following information about a fixed asset purchased by a company Purchase price: $12,000,000 Estimated useful life: 5 years Estimated salvage value: $2,000,000 . Compute the depreciation expense for this asset over its useful life using each of the following methods (1) Straight-line (ii) Sum-of-years' digits (SYD) (iii) Double-declining balance