Maria is a wedding planner. She purchases a laserjet printer for invitations, save-the-date postcards, etc. The laserjet costs $699. The laserjet has an expected life of five years; at the end of which time Maria expects a rebate of $52 when she turns in her old laserjet and purchases a new one. Maria uses the double-declining-balance method to calculate depreciation. What is the annual depreciation in the first year? $ What is the book value at the end of the second year? $ What is the accumulated depreciation by the end of year 3