On July 1, 2020, Flint Company purchased for $3,960,000 snow-making equipment having an estimated useful life of 5 years with an estimated salvage value of $165,000. Depreciation is taken for the portion of the year the asset is used.

(a)

Complete the form below by determining the depreciation expense and year-end book values for 2020 and 2021 using the

1.		sum-of-the-years'-digits method.
2.		double-declining balance method.