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Bramble Corporation purchased a boardroom table for $ 1 8 , 0 0 0 . The company planned to keep it for four years, after

Bramble Corporation purchased a boardroom table for $18,000. The company planned to keep it for four years, after which it was expected to be sold for $2,000.
(a)
Calculate the depreciation expense for each of the first three years under (1) the straight-line method, and (2) the doublediminishing-balance method, assuming the company purchased the table early in the first month of the first year.
(1) Straight-line method.
Year 1$
Year 2$
Year 3$
(2) Double-diminishing-balance method.
Year 1$
Year 2$
Year 3
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