Kingbird AG purchased a new plant asset on April 1, 2022, at a cost of 954,000. It was estimated to have a service life of 20 years anda residual value of 78,720. Kingbird' accounting period is the calendar year.(a)Your answer is partially correct.Compute the depreciation for this asset for 2022 and 2023 using the sum-of-the-years'-digits method. (Round answers to 0 decimalplaces, e.g. 45,892.)Depreciation for 2022Depreciation for 2023