For each of the following fixed assets, determine the depreciation expense for Year 3: Disposal date is NIA if asset is still in use. Method: SL-straight line; DDB double declining balance Assume the estimated life is 5 years for each asset. Depr Expense Depr SL SL DDB D $80,000 S10,000 an. 1, Year 2 April 1, Year 3DDB Residual Value Purchase Date Disposal date Method $4,000 July 1,Year 3 Item Cost $40,000 S50,000 $60,000 $2,000 Oc.t 1, Year 3 N/A $5,000 Jan. 1, Year 1 Aug. 31,Year 3 N/A