On September 19, Peterson Company purchased equipment costing $36,800. The equipment has an estimated salvage value of $5,050 and an estimated useful life of 8 years. Peterson Company calculates depreciation to the nearest month. Required: Compute the depreciation expense for the first two years using the double-declining-balance method. Note: Round your responses to the nearest dollar. Year 1 depreciation expense : Year 2 depreciation expense : $0 X