Equipment purchased at the beginning of the fiscal year for $360,000 is expected to have a useful life of five years, or 14,000 operating hours, and a residual value of $10,000.

Compute the depreciation for the first and second years of use by each of the following methods.

a. Straight-line:

First year	$fill in the blank 1
Second year	$fill in the blank 2

b. Units-of-activity (1,200 hours first year; 2,250 hours second year):

First year	$fill in the blank 3
Second year	$fill in the blank 4

c. Double-declining-balance:

First year	$fill in the blank 5
Second year	$fill in the blank 6