An asset costs $$900,000$ and has a salvage value of $$80,000$ after $5$ years.

Calculate the followings:

Straight$-$line depreciation:

a$.$ Depreciation charge for the second year

b$.$ Book value at the end of $2$ nd year

$DDB$ depreciation:

a$.$ Depreciation charge for the second year

b$.$ Book value at the end of $2$ nd year

$60\%$ bonus depreciation with MACRS $(5-$year property class$)$:

a$.$ Depreciation charge for the second year

b$.$ Book value at the end of $2$ nd year