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Blue AG purchased a new plant asset on April 1, 2022, at a cost of 966,000. It was estimated to have a service life of
Blue AG purchased a new plant asset on April 1, 2022, at a cost of 966,000. It was estimated to have a service life of 20 years and a residual value of 79,800. Blue' accounting period is the calendar year. (a). (b) Compute the depreciation for this asset for 2022 and 2023 using the double-declining-balance method. (Round answers to 0 decimal places, e.g. 45,892.) Depreciation for 2022
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