On July 1, 2025, Whispering Winds Company purchased for $6,300,000 snow-making equipment having an estimated useful life of 5 years with an estimated salvage value of $262,500. Depreciation is taken for the portion of the year the asset is used. (a) Your answer is partially correct. Complete the form below by determining the depreciation expense and year-end book values for 2025 and 2026 using: 1. Sum-of-the-years'-digits method. 2. Double-declining balance method. Sum-of-the-Years-Digits Method 2025 2026 Equipment $6,300,000 $6,300,000 Less: Accumulated Depreciation $ 1006250 i $