Part A) Equipment with and estimated life of 10 years and no expected residual value was purcahsed on account for $60,000 on March 6, 2017. Assuming a year-end of December 31, calulate depreciation for 2017 and 2018 using the straight-line method:

A. To the nearest whole month

B. Using the half-year convention

Part B) Refer to the information in Part A. Assume that the equipment is depreciated using the double-declining balance method. Calculate depreciation for 2017 and 2018:

A. To the nearest whole month

B. Using the half-year convention