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Calculate the amount of depreciation for each of 2023, 2024, and 2025 using the double-declining-balance method. (Round depreciation rate to 2 decimal places, eg. 15.25%

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Calculate the amount of depreciation for each of 2023, 2024, and 2025 using the double-declining-balance method. (Round depreciation rate to 2 decimal places, eg. 15.25% and final answers to 0 decimal places, eg. 5,275.) Ivanhoe Company purchases equipment on January 1,2023 , at a cost of $489,000. The asset is expected to have a service life of 12 years and a salvage value of $60,000

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