At the beginning of 2014, Metal Manufacturing purchased a new computerized drill press for $75,000. It is expected to have a five year life and a $15,000 salvage value.

A. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-Line depreciation.

B. Double-Declining-Balance depreciation

required.) Year 1 Year 2 Year 3 Year 4 Year 5 e anything Double-Declining Balance