Metlock Company purchased a new plant asset on April 1, 2025, at a cost of $742,000. It was estimated to have a service life of 20 years and a salvage value of $57,400. Metlock accounting period is the calendar year.

Compute the depreciation for this asset for 2025 and 2026 using the sum-of-the-years'-digits method. (Do not round intermediate calculations. Round final answers to 0 decimal places, e.g. 45,892.)

Depreciation for 2025

Depreciation for 2026

Compute the depreciation for this asset for 2025 and 2026 using the double-declining-balance method. (Do not round intermediate calculations. Round final answers to 0 decimal places, e.g. 45,892.)

Depreciation for 2025

Depreciation for 2026