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Depredation by Two Methods; Partial Years Knife Edge Company purchased tool sharpening equipment on July 1, 2045, for $16,200. The equipment was expected to have

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Depredation by Two Methods; Partial Years Knife Edge Company purchased tool sharpening equipment on July 1, 2045, for $16,200. The equipment was expected to have a use of the years and a residual value of $900. Instructions: a. Determine the amount of depreciation expense for the years ended December 31, 2015, 2016, 2017 and 2018 by the straight line method Depreciation Expense 2015 2016 2017 2018 b. Determine the amount of depreciation expense for the years ended December 31, 2045, 2016, 2017 and 207 by the double declining balance method. Round the double-declining balance depreciation rate to six decimal places and round your final answers to the nearest whole dollar Depreciation Expense 2016 2017 UREK AssignmentSessionLocator=&inpr. a. Determine the amount of depreciation expense for the years ended December 31, 2015, 2016, 2017 and 2048 by the straight line method Depreciation Expense 2015 2016 buld 2017 2018 b. Determine the amount of depreciation expense for the years ended December 31, 2015, 2016, 2017 and 2018 by the double-dedining balance method. Round the double-cleclining balance depreciation rate to six decimal places and round your final answers to the nearest whole dollar Depreciation Expense 2045 2016 2017 2018

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