Partial-year depreciation Equipment acquired at a cost of $89,000 has an estimated residual value of $5,000 and an estimated useful Ife 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 depreclation 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 vear by the double-declining-balance method