As the recently appointed auditor for Sunland Corporation, you have been asked to examine selected accounts before the six-month financial staterments of June 30,2023 , are prepared. The controller for Sunland mentions that only one account is kept for intangible assets. The entries in Intangible Assets since January 1, 2023, are as follows: Assuming that depreciation is to be charged for a full year based on the ending balance in the asset account no matter when acquired, calculate the proper depreciation charge for 2023 under both methods listed below. Assume an estimated life of 10 years for all equipment at the time of acquisition, with no residual value. The equipment included in the January 1,2023 Equipment balance was purchased in 2021. 1. Straight-line 2. Declining balance (assume twice the straight-line ratel eTextbook and Media Question 5 of 5 Account litles and Explanation Debit 0.621 Rusearth and Deriognent Experne. Intangibie Acsetr-Pabents Puent fixpenve Adventisine Evperite Interest finente Coinmon Shsers fritare biv Asset: Assignment 12 Question 5 of 5 0.62/1: Common Shares Intangible,Assets (To correct intangible asset account) Amortization Expense Accumulated Anortization-Patents (To record amortization expense) Amortization froents. (To record amortization expence) eTextbook and Media