On April 29, 2016, Quality Appliances purchased equipment for $286,000. The estimated service life of the equipment is six years and the estimated residual value is $25,000. Quality's fiscal year ends on December 31. Required: Calculate depreciation for 2016 and 2017 using each of the three methods listed. Quality calculates partial year depreciation based on the number of months the asset is in service: straight line method, sum of the years digit, double declining balance