Bock Calculator Depredation by Two Methods Sale of Food Asset New Ithographic equipment, acquired at a cost of $875.000 on March 1 of Year (reginning of the focal year) has an estimated used of five years and in and reside of $75.000. The greated information regarding the effect of alternative method on the amount of depreciation expense each year. On March 4 of years, the equipment was sold for $120,100. Required: 1. Determine the annual depreciation expers for each of the estimated five years of use, the accumulated deprecation at the end of each you wd the book value of the the end of each year by the owne methods: a. Straight-line method Depreciation Year Expense Accumulated Depreciation, End of Year Book Value End of Year 1 159.940 2 3 4 $ 5 b. Double-declining-balance method Depreciation Year Expense Accumulated Depreciation End of Year Book Value End Year $ 1 5 2 $ 3 s $ 5 2. Joure the entry to record the wing that the manager de treba Bock Calculator Depredation by Two Methods Sale of Food Asset New Ithographic equipment, acquired at a cost of $875.000 on March 1 of Year (reginning of the focal year) has an estimated used of five years and in and reside of $75.000. The greated information regarding the effect of alternative method on the amount of depreciation expense each year. On March 4 of years, the equipment was sold for $120,100. Required: 1. Determine the annual depreciation expers for each of the estimated five years of use, the accumulated deprecation at the end of each you wd the book value of the the end of each year by the owne methods: a. Straight-line method Depreciation Year Expense Accumulated Depreciation, End of Year Book Value End of Year 1 159.940 2 3 4 $ 5 b. Double-declining-balance method Depreciation Year Expense Accumulated Depreciation End of Year Book Value End Year $ 1 5 2 $ 3 s $ 5 2. Joure the entry to record the wing that the manager de treba