Exercise 9-15 Alternative depreciation methods-partial year's depreciation LO3 CHECK FIGURES: a. 2024=$22,500; b. 2024=$35,000 On April 1, 2023, Ice Drilling Co. purchased a trencher for $125,000. The machine was expected to last five years and have a residual value of $12,500. Required Calculate depreciation expense for 2023 and 2024 to the nearest month, using (a) the straightline method, and (b) the double-declining-balance method. The company has a December 31 year-end