Lynbrook purchased some new computer equipment on April 2, 2021. The computer equipment cost $75,000 and is expected to have a salvage value of $7,000 at the end of its four-year useful life.

Required:

Determine the amount of depreciation expense that will be recognized under each of the following depreciation methods in 2021 and 2022.

1. Straight-line assuming partial-years method (state in nearest whole dollars)

2. Double declining-balance, assuming half-year convention. (state in nearest whole dollars)