On July 1, 2020, Sarasota Company purchased for $5,760,000 snow-making equipment having an estimated useful life of 5 years with an estimated salvage value of $240,000. Depreciation is taken for the portion of the year the asset is used. 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. double-declining balance method. 2. 2020 2021 Sum-of-the-Years'-Digits Method Equipment Less: Accumulated Depreciation $5,760,000 $5,760,000 $ $ Year-End Book Value Depreciation Expense for the Year Double-Declining Balance Method Equipment Less: Accumulated Depreciation $5,760,000 $5,760,000 $ $ $ Year-End Book Value Depreciation Expense for the Year