On August $3,$ Franko Construction purchased special$-$purpose equipment at a cost of $$5,900,000.$ The useful life of the equipment was estimated to be eight years, with an estimated residual value of $$20,000.$

Required:Compute the depreciation expense to be recognized each calendar year for financial reporting purposes under the $200$ percent declining$-$balance method $($half$-$year convention$)$ with a switch to straight$-$line when it will maximize depreciation expense.

Compute the depreciation expense to be recognized each calendar year for financial reporting purposes under the $200$ percent declining$-$balance method $($half$-$year convention$)$ with a switch to straight$-$line when it will maximize depreciation expense.

Note: Adjust year $9$ depreciation, if necessary, so that the total depreciation expense equals depreciable value of the asset. Do not round intermediate calculations and round your final answers to the nearest whole number.

PLEASE SHOW THE TABLE