Depreciation Problem

Dexter Dunlop Co purchased manufacturing equipment on January 1, 2011 at cost of $1,100,000. The equipment is expected to have a useful life of 5 years and a salvage of $100,000.

a) provide depreciation expense for year 1 and 2 using Straight line method

b)provide depreciation expense for year 1 and 2 using Sum-of-the-years digit method

c)provide depreciation expense for year 1 and 2 using Double declining balance method