Coronado Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An employee has prepared depreciation schedules for this asset using three different methods to compare the results of using one method with the results of using other methods. You are to assume that the following schedules have been correctly prepared for this asset using (1) the straight-line method, (2) the sum-of-the-years'-digits method, and (3) the double-declining-balance method. Sum-of-the Double-Declining- Year Straight-Line Years'-Digits Balance $9,360 9,360 9,360 9,360 9,360 $46,800 $15,600 12,480 9,360 6,240 3,120 546,800 $20,800 12,480 7,488 4,493 1,539 $46,800 Total Answer the following questions. Your answer is correct. What is the cost of the asset being depreciated? jszo00 Cost of asset Attempts: 1 of 3 used What amount, if any, was used in the depreciation calculations for the salvage value for this asset? Salvage value Attempts: 0 of 3 used