im very lost pls help :(

On January 2. 2021, the Jackson Company purchased equipment to be used in its manufacturing process. The equipment has an estimated life of eight years and an estimated residual value of $51750. The expenditures made to acquire the asset were as follows Purchase price Freight charges Installation charges $225,500 7,200 10,500 Jackson's policy is to use the double-declining balance (DDB) method of depreciation in the early years of the equipment's life and then switch to straight line haltway through the equipment's life Required: 1. Calculate depreciation for each year of the asset's eight-year life. 2. Are changes in depreciation methods accounted for retrospectively or prospectively Complete this question by entering your answers in the tabs below. Required: Required 2 Calculate depreciation for each year of the asset's eight-year life. Depreciation for the Period End of Period Beginning of Year Period Book Depreciation Annual Accumulated Rate Book Value Value Depreciation Depreciation 2021 2022 2023 0 2024 15 2025 0 2026 2027 2028 Total Required 2 > On January 2, 2021, the Jackson Company purchased equipment to be used in its manufacturing process. The equipment has an estimated life of eight years and an estimated residual value of $51750. The expenditures made to acquire the asset were as follows: Purchase price Freight charges Installation charges $225,500 7,200 10,500 Jackson's policy is to use the double declining-balance (DDB) method of depreciation in the early years of the equipment's life and then switch to straight line halfway through the equipment's life Required: 1. Calculate depreciation for each year of the asset's eight-year life 2. Are changes in depreciation methods accounted for retrospectively or prospectively Complete this question by entering your answers in the tabs below, Required 1 Required 2 Are changes in depreciation methods accounted for retrospectively or prospectively Depreciation methods accounted