Cost of assets: $200,000

Year One: Estimated Useful life 4 years , Estimated Salvage value: $ 12,000

Year Three: Estimated Useful life 6 years (estimated remaining useful life is 4 years) , Estimated Salvage value: $ 2,000

Straight line method: depreciation expense for year 3 is $_______________

Cost of assets: $200,000

Estimated Useful life: 5 years

Estimated Salvage value: $ 12,000

Double Declining Balance method: depreciation expense for year 5 is $_______________

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