An office suite was purchased on December 2, 2012 for $3,755.14. The useful
life for this furniture is 6 years with a salvage value of $275.00

a. For depreciation entries entered only once a quarter, what will be the adjusting
entry required for December 31, 2017 using the sum-of-the-years digits method?									check figure: fiscal year 4 monthly = 41.43

b. For depreciation entries entered only once a year, what will be the adjusting
entry required for December 31, 2013 using the double-declining method?									check figure: fiscal year 4 monthly = 30.91