I need help with the year two using the double declining balance method. Thanks.

Depreciation by Two Methods A storage tank acquired at the beginning of the fiscal year at a cost of $115,200 has an estimated residual value of $7,000 and an estimated useful life of five years. a. Determine the amount of annual depreciation by the straight-line method. $- b. Determine the amount of depreciation for the rst and second years computed by the double-declining-balance method. Do not round the double-declining balance rate. If required, round your answers to the nearest dollar. Depreciation Yearl $ 46,080 V] Year2 $ 14,000 X