l eBook Depreciation by Two Methods; Sale of Fixed Asset New lithographic equipment, acquired at a cost of $875,000 on March 1 at the beginning of a fiscal year, has an declining-balance method was selected In the first week of the fith year, on March 4, the equipment was sold for $128,100. the effect of alternative methods on the amount of depreciation expense each year. On the basis of the data estimated useful life of five years and an estimated residual value of $75,300. The presented to the manager, the double- Required: 1. Determine the annual depreciation expense for each of the estimated five each year by the following methods: years of use, the accumulated depreciation at the end of each year, and the book value of the equipment at the end of a. Straight-line method Depreciation Expense Book Value Accumulated Depreciation, End of Year Year End of Year b. Double-dedlining-balance method Depreciation Expense Accumulated Depreciation, End of Year Book Value, End of Year Year Previous -mon?) more check My work uses remaining