"Exercise 11-1 Crane Company purchases equipment on January 1, Year 1, at a cost of $567,490. The asset is expected to have a service life of 12 years and a salvage value of $48,400. Compute the amount of depreciation for Years 1 through 3 using the straight-line depreciation method. (Round answer to O decimal places, e.g. 5,125.) Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3 Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years-digits method. Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3 Compute the amount of depreciation for each of Years 1 through 3 using the double-declining-balance method. (Round depreciation rate to 2 decimal places, e.g. 15.84%. Round answers to o decimal places, e.g. 45,892.) Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3