On January 1, 2020. Creative Calligraphy Inc purchased land, building equipment, and tools for a total of $2,520,000 An appraisal identified the fair values to be $700,000 (land). $1120,000 (building). $210,000 (equipment), and $70,000 (tools). The estimated useful life and residual value of the building was 10 years and $700,000 for the equipment, five years and $42,000, and for the tools three years and $7.000 Required: Calculate depreciation for 2020 and 2021 using the double-declining balance method Creative Calligraphy's year-end is December 31 (Do not round intermediate calculations and round your final answers to nearest whole dollar) Land Building Equipment Tools