Pharoah Company Ltd$.$ shows the following entries in its Equipment account for $2023.$ All amounts are based on historical cost$\mathrm{.}24,000($a$)$Equipment$1/1$Balance$139,000$Cost of equipment sold $($purchased prior to$6/302023)8/10$Purchases of equipment$33,0008/12$Freight on equipment purchased$7008/25$Installation costs$2,80011/10$Repairs$515$Assuming that depreciation is to be charged for a full year based on the ending balance in the asset account no matter when acquired, calculate the proper depreciation charge for $2023$ under both methods listed below. Assume an estimated life of $10$ years for all equipment at the time of acquisition, with no residual value. The equipment included in the January $1,2023$Equipment balance was purchased in $2021\mathrm{.}1.$ Straight$-$line$$2.$ Declining$-$balance $($assume twice the straight$-$line rate$)$$