Depreciation by two methods A Kubota tractor acquired on January 8 at a cost of $87,000 has an estimated useful life of 4 years. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answe the questions below Openorehet Assuming that it will have no residual value Google te the depreciation for each of the first two years by the method. Round yourse to the nearest dollar Second Year b. by the outl i g balance method. Round your answers to the nearest dollar Cuck My Walmore Check My Work uses remaining Next > T shili Calculator An asset was purchased for $50,000 and originally estimated to have a useful life of 10 years with a residual value of $3,600. After two years of straight line depreciation, it was determined that the remaining useful life of the asset was only 2 years with a residual value of $1,40 a. Determine the amount of the annual depreciation for the first two years. b. Determine the book a t the end of Year 2 Determine the depreciation expense for each of the remaining years after revision hp