Oriole Company purchased a new plant asset on April $1,2025,$ at a cost of $$772,000.$ It was estimated to have a service life of $20$ years and a salvage value of $$66,400.$ Oriole' accounting period is the calendar year.

$($a$)$

Correct Answer $($Used$)$

Compute the depreciation for this asset for $2025$ and $2026$ using the sum$-$of$-$the$-$years'$-$digits method. $($Do not round intermediate calculations. Round final answers to $0$ decimal places, e$\mathrm{.}8.45,892.)$

Depreciation for $2025$$

Depreciation for $2026,$$

$($b$)$

Your answer is incorrect.

Compute the depreciation for this asset for $2025$ and $2026$ using the double$-$declining$-$balance method. $($Do not round intermediate calculations. Round final answers to $0$ decimal places, e$\mathrm{.}8.45,892.)$

Depreciation for $2025$$

Depreciation for $2026$$