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Blossom Company purchases equipment on January 1 , Year 1 , at a cost of $606,000. The asset is expected to have a service life

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Blossom Company purchases equipment on January 1 , Year 1 , at a cost of $606,000. The asset is expected to have a service life of 12 years and a salvage value of $54.540. Compute the amount of depreciation for each of Years 1 through 3 using the double-declining-balance method. (Round depreciation rate to 2 decimal places, e.g. 15.84\% and final answers to 0 decimal places, eg. 45,892.) Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3

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