Depreciation by two methods; sale of fixed asset.

New lithographic equipment, acquired at a cost of $859,200 at the beginning of a fiscal year, has an estimated useful life of five years and an estimated residual value of $96,660. The manager requested information regarding the effect of alternative methods on the amount of depreciation expense each year. On the basis of the data presented to the manager, the double-declining-balance method was selected. In the first week of the fifth year, the equipment was sold for $141,422