Montonne Corp. is a private company that complies with ASPE. Montonne has a plece of equipment that cost $318,000. Its useful life to the company is estimated to be 15 years, after which it is expected to have a net residual value of $127,500. The equipment is expected to have a total life of 25 years and then would be useful only for scrap, for $5,400. Required: 1. Calculate the two alternate measures of depreciation under ASPE Method 1 Method 2 2. Indicate the amount that the company would record as expense. Amount expensed