B.

Exercise 11-1 Deluxe Ezra Company purchases equipment on January 1, Year 1, at a cost of $928,620. The asset is expected to have a service life of 12 years and a salvage value of $79,200. Your answer is correct. Compute the amount of depreciation for Years 1 through 3 using the straight-line depreciation method. (Round answer to 0 decimal places, e.g. $45,892.) Straight-line method depreciation 70785 LINK TO TEXT X Your answer is incorrect Try again. Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years digits method. (Round answers to 0 decimal places, e.g. $45,892.) Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3