Depreciation: StraightLine and Double-Declining-Balance Sandblasting equipment acquired at a cost of $42,000 has an estimated residual value of $6,000 and an estimated useful life of 10 years. It was placed in service on January 1 of the current scal year, which ends on December 31, 20Y5. a. Determine the depreciation for 20Y5 and for 20Y6 by the straightline method. Depreciation 2m $_ , M $:] x b. Determine the depreciation for ZOYS and for 20Y6 by the double-decliningbalance method. Depreciation 20Y5 $:] x :1 20Y6 $ X Feedback V Check Mv Work