Partial-Year Depreciation Sandblasting equipment acquired at a cost of $61,000 has an estimated residual value of $4,000 and an estimated useful life of 5 years. It was placed in service on October 1 of the current fiscal year, which ends on December 31, 20 Y. a. Determine the depreciation for 20Y5 and for 20 Y 6 by the straight-line method. Round your answer to the nearest cent if rounding is required. b. Determine the depreciation for 20Y5 and for 20Y6 by the double-decining-balance method. Round your answer to the nearest cent if rounding is required