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At the beginning of Year 1 , Copeland Drugstore purchased a new computer system for $ 5 2 , 0 0 0 . It is

At the beginning of Year 1, Copeland Drugstore purchased a new computer system for
$52,000. It is expected to have a five-year life and a $7,000 salvage value.
Required:
a-1. Compute the depreciation, assuming that the company uses straight-line depreciation.
Straight-line depreciation
a-2. Compute the depreciation for each of the five years, assuming that the company uses double-declining-balance depreciation
Note: Leave no cells blank - be certain to enter "0" wherever required. You may enter the hardcoded number "2" when
calculating the depreciation expense.
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