Blossom Company Ltd. buys equipment on January 1, 2023, for $365,000 cash. The asset is expected to have a useful life of 12 years and a residual value of $41,000. Blossom prepares financial statements under IFRS. (a) Youranswer is correct. Calculate the amount of depreciation for each of 2023, 2024, and 2025 using the straight-line method. Calculate the amount of depreciation for each of 2023,2024 , and 2025 using the straight-line method. Calculate the amount of depreciation for each of 2023,2024 , and 2025 using the double-declining-balance method. (Round percentage to 2 decimal places eg. 52.75 and round final answers to the nearest dollar, eg. 5,275.) Assume that the equipment consists of an input device with a cost of $60,000, residual value of $5,000, and useful life of 5 years; a processor with a cost of $128,000, residual value of $16,000, and useful life of 10 years; and an output device with a cost of $177,000, residual value of $22,000, and useful life of 12 years. Prepare the journal entry to record the purchase on January 1 . 2023. (Credit occount titles ore outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Assume the information given in part (c) with respect to the cost components. The equipment is expected to provide benefits evenly over time. Also assume that the equipment has a salvage value of $36,000 and a physical life of 14 years. The salvage values of the input device, processor, and output device are $3,000,$14,000, and $19,000, respectively. The physical lives of the input device, processor, and output device are 6 years, 12 years, and 14 years, respectively. Calculate the amount of depreciation for 2023,2024, and 2025 using the straight-line method. Blossom prepares financial statements under ASPE. (Round answer to 0 decimal places, es. 5,275.)