On January $1,2024,$ Canseco Plumbing Fixtures purchased equipment for $$38,000.$ Residual value at the end of an estimated $7$ year service life is expected to be $$10,000.$ The company expects the equipment to operate for $12,000$ hours.

Required:

a$.$ Calculate depreciation expense for $2024$ and $2025$ using sum$-$of$-$the$-$years'$-$digits, assuming the equipment was purchased on January $1,2024.$

b$.$ Calculate depreciation expense for $2024$ and $2025$ using sum$-$of$-$the$-$years'$-$digits, assuming the equipment was purchased on March $31,2024.$

Complete this question by entering your answers in the tabs below.

Required B

Calculate depreciation expense for $2024$ and $2025$ using sum$-$of$-$the$-$years'$-$digits, assuming the equipment was purchased on January $1,2024.$

$\backslash$table$[[$Sum$-$of$-$the$-$years' digits depreciation$],[,\backslash$table$[[$Depreciable$],[$Base$]],,\backslash$table$[[$Rate per$],[$Year$]],=,\backslash$table$[[$Depreciation$],[$Expense$]],,],[2024,,,,=,,,],[2025,,,,=,,,]]$