At the beginning of Year 1, Copland Drugstore purchased a new computer system for $225,000. It is expected to have a five-year life and $35,000 salvage value.

Compute the depreciation for each of the five years assuming that the company uses,

A. Double-Declining-Balance depreciation (Leave no cells blank be certain to enter 0 wherever required)

Required information [The following information applies to the questions displayed below.] At the beginning of Year 1, Copeland Drugstore purchased a new computer system for $225,000. It is expected to have a five-year life and a $35,000 salvage value. Required a. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-line depreciation. Straight-Line depreciation $ 38,000 (2) Double-declining-balance depreciation. (Leave no cells blank be certain to enter "O" wherever required.) Double-Declining Balance Year 1 90,000 Year 2 Year 3 Year 4 Year 5