Carla Industries purchased a new lathe on January 1, 2017, for $285,000. Carla estimates that the lathe will have a useful life of four years and that the company will be able to sell it at the end of the fourth year for $57,000. Compute the depreciation expense that Carla Industries would record for 2017, 2018, 2019, and 2020 under each of the following methods:

(1)		Straight-line depreciation
(2)		Double-declining-balance depreciation

Date		Straight-line depreciation method		Double-declining-balance depreciation method
12/31/17		$		$
12/31/18
12/31/19
12/31/20