Depreciation by Two Methods

A Kubota tractor acquired on January $9$ at a cost of $$207,000$ has an estimated useful life of ten years. Assuming that it will have no residual value.

a$.$ Determine the depreciation for each of the first two years by the straight$-$line method.

First Year

Second Year

$ $

b$.$ Determine the depreciation for each of the first two years by the double$-$declining$-$balance method. Do not round the double$-$declining balance rate. If required, round your final answer to the nearest dollar.

First Year

$

Second Year

$