Exercise 8-9A (Algo) Computing and recording straight-line versus double-declining-balance depreciation LO 8-2, 8-3 [The following information applies to the questions displayed below.] At the beginning of Year 1, Copeland Drugstore purchased a new computer system for $120,000. It is expected to have a five-year life and a $20,000 salvage value. xercise 8-9A (Algo) Part a equired: -1. Compute the depreciation, assuming that the company uses straight-line depreciation. -2. Compute the depreciation for each of the five years, assuming that the company uses double-declining-balance depreciation. Required: a-1. Compute the depreciation, assuming that the company uses straight-line depreciation. a-2. Compute the depreciation for each of the five years, assuming that the company uses double-declining-balance depreciatic Complete this question by entering your answers in the tabs below. Compute the depreciation, assuming that the company uses straight-line depreciation. Compute the depreciation for each of the five years, assuming that the company uses double-declining-balance depreciation. Note: Leave no cells blank - be certain to enter "0" wherever required