Bob Computer Shop was acquired on January 2 at a cost of $ 125,000. The computer equipment has an estimated useful life of four years. The estimated residual value is $ 10,000.

Calculate the yearly depreciation, accumulated depreciation and book value for straight line and double declining using the table provided below.

	Part (A)
		Straight Line
	Cost	Depreciation	Accumulated	Book Value
			Depreciation
1	$125,000
2	$125,000
3	$125,000
4	$125,000
		Double Declining
	Cost	Depreciation	Accumulated	Book Value
			Depreciation
1	$125,000
2	$125,000
3	$125,000
4	$125,000