Partial$-$year depreciation

Equipment acquired at a cost of $$96,000$ has an estimated residual value of $$6,000$ and an estimated useful life of

$10$ years. It was placed in service on October $1$ of the current fiscal year, which ends on December $31.$ When

required, round your answers to two decimal places.

a$.$ Determine the depreciation for the current fiscal year and for the following fiscal year by the straight$-$line

method.

b$.$ Determine the depreciation for the current fiscal year and for the following fiscal year by the double$-$declining$-$

balance method.