Partial-Year Depreciation: Straight-Line and Double Declining Balance andblasting equipment acquired at a cost of $99,000 has an estimated residual value of $6,000 and an estimated useful life of 5 years. It was placed in service on October t the current fiscal year, which rends on December 31,20Y5. a. Determine the depreciation for 20Y5 and for 20Y6 by the stralght-line method. Round your answer to the nearest cent if rounding is required