Depreclation by two methods A storage tank acquired at the beginning of the fiscal year ot a cost of $136,800 has an estimated residual value of $8,400 and an estimated useful life of 4 years. a. Determine the amount of annual depreciation by the straight-line method. b. Determine the amount of depreclation for the first and second years computed by the double-deciining-balance method. Do not round the double-declining balance rate. If required, round your answers to the nearest dollar. Capital and revenue expenditures Quality Move Company made the following expenditures on one of its delivery trucks: Journalize the entry for each expenditure. If an amount box does not require an entry, leave it blank. Equipment acquired on January 8 at a cost of $144,120 has an estimated useful life of 17 years, has an eqtimated residual value of 57,950 , and is depreciated by the streight-line method. a. What was the book value of the equipment at December 31 the end of the fourth year? b. Assuming that the equlpment was sold on April 1 of the fith year for $103,712. 1. Journaize the entry to record depreciation for the 3 months until the sule date. If an amount box does not require an entry. leave it blank. Aound your answers to the nearest whole doliar if required