Metlock Company purchased a new plant asset on April 1, 2020, at a cost of $741.000. It was estimated to have a service life of 20 years and a salvage value of $56,400. Metlock accounting period is the calendar year. Your answer is partially correct. Compute the depreciation for this asset for 2020 and 2021 using the sum-of-the-years-digits method. (Round answers to o decimal places, eg. 45,892.) Depreciation for 2020 $ 48900 Depreciation for 2021 $ 61940 e Textbook and Media