Mike Devereaux Company shows the following entries in its Equipment account for 2015. All amounts are based on historical cost.

Equipment 2015 2015 Jan. 1 Balance 150,300 June 30 Cost of equipment sold Aug. 10 Purchases 41,600 (purchased prior to 2015) 23,900 12 Freight on equipment purchased 730 25 Installation costs 2,540 Nov. 10 Repairs 590

Prepare correcting entry if necessary. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT

Assuming that depreciation is to be charged for a full year on the ending balance in the asset account, compute the proper depreciation charge for 2015 under each of the methods listed below. Assume an estimated life of 10 years, with no salvage value. The machinery included in the January 1, 2015, balance was purchased in 2013. (Round answers to 0 decimal places, e.g. 45,892.)

(1) Straight-line. $

(2) Sum-of-the-years'-digits. $