On January $1,2022,$ Dareen Hotel purchased new laundryequipment for JOD$80,000$ in cash. Related expenditures consist of sales taxesamounting to JOD$12,800$; insurance during shipment of JOD$1,000$; and installationand testing cost JOD$1,500.$ The equipment is estimated to have an eight$-$year useful lifeand a JD$5,000$ salvage value.Required

:$1.$ Depreciate the equipment using the Straight$-$line method $.$

$2.$ Depreciate the equipment using the Declining$-$balance method $.$