Becker Office Service purchased a new computer system in Year 1 for $34,400. It is expected to have a five-year useful life and a $2,600 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 Year 1 2 3 4 5 Answer is complete and correct. Depreciation Expense $ 8.360 $ 6.360 $ 6.360 $ 6.360 $ 6.360 b. Calculate the depreciation expense for each of the five years, assuming the use of double-declining-balance depreciation. (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) Year Answer is not complete. Depreciation Expense s 13,760 1 2. 3 4 5 d. Assume that Becker Office Service sold the computer system at the end of the third year for $18,500, Compute the amount of gain or loss using each depreciation method (Round your answers to the nearest dollar amount.) Answer is not complete Double- Straight-Line Declining Balance Gain