Part A: Equinox Industries purchased a machine on January 1, 2021, at a total cost of $78,000. Equinox estimates it will use the machine for 5 years. At the end of its useful life, Equinox will be able to sell the machine for scrap for $3,000. Compute depreciation for 2022 and 2023. Place your answers in the spaces provided. Straight-line 2022 2023 Double-declining-balance Sum-of-the-Years' Digits Part B: Assume all the same information as in Part A except that Equinox Industries purchased the machine on August 1, 2021. Compute depreciation for 2021 and 2022. Straight-line Double-declining-balance Sum-of-the-Years' Digits 2021 2022