Calculate the depreciation expense and the book value of this asset for the FIRST 5 YEARS ONLY. Be sure to show your textbox formulas.

Use the following methods, straight line, double declining balance, and sum of years digits

Cost of asset

$777,777.00

Estimated useful life

7 years

Salvage Value

$64,500.00

show all calculations and can be round to the nearest dollar

Straight line

Dollar Amount

of depreciation

Year 1

Year 2

Year 3

Year 4

Year 5

DDB

Dollar Amount

of depreciation

Year 1

Year 2

Year 3

Year 4

Year 5

SYD

Dollar Amount

of depreciation

Year 1

Year 2

Year 3

Year 4

Year 5