Hightower Company acquired an asset on January 2,201, at a cost of $296,000. The asset's useful life is four years and its salvage value is $67,700 Required: Compute the depreciation expense for each of the first two years, using the straight-line method, the double-declining-balance method, and the sum-of-the-years'-digits method. Complete this question by entering your answers in the tabs below. Compute the depreciation expense for the first two years, using the straight-line method. Complete this question by entering your answers in the tabs below. Compute the depreciation expense for the first two years, using the double-declining-balance method. Complete this question by entering your answers in the tabs below. Compute the depreciation expense for the first two years, using the straight-line method. Complete this question by entering your answers in the tabs below. Compute the depreciation expense for the first two years, using the sum-of-the-years'-digits method