Becker Office Service purchased a new computer system in Year $1$ for $$38,400.$ It is expected to have a five$-$year useful life and a $$3,700$ salvage value. The company expects to use the system more extensively in the early years of its life.

Required

a$.$ Calculate the depreciation expense for each of the five years, assuming the use of straight$-$line depreciation.

b$.$ Calculate the depreciation expense for each of the five years, assuming the use of double$-$declining$-$balance depreciation.

d$.$ Assume that Becker Office Service sold the computer system at the end of the fourth year for $$18,500.$ Compute the amount of gain or loss using each depreciation method.Becker Office Service purchased a new computer system in Year $1$ for $$38,400.$ It is expected to have a five$-$year useful life and a

$$3,700$ salvage value. The company expects to use the system more extensively in the early years of its life.

Required

a$.$ Calculate the depreciation expense for each of the five years, assuming the use of straight$-$line depreciation.

b$.$ Calculate the depreciation expense for each of the five years, assuming the use of double$-$declining$-$balance depreciation.

d$.$ Assume that Becker Office Service sold the computer system at the end of the fourth year for $$18,500.$ Compute the amount of gain

or loss using each depreciation method.

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Calculate the depreciation expense for each of the five years, assuming the use of straight$-$line depreciation.