please i have test 30 minutes left

On January 2, 2018, Space Company purchased equipment to be used in its manufacturing process. The equipment has an estimated life of eight years and an estimated residual value of $59,875. The expenditures made to acquire the asset were as follows: Purchase price Freight charges Installation charges $253,000 9,200 13,000 Space Company's policy is to use the double-declining-balance (DDB) method of depreciation in the early years of the equipment's life and then switch to straight line halfway through the equipment's life. Required: 1. Calculate depreciation for each year of the asset's eight-year life. End of Period Depreciation for the Period Beginning of Depreciation Annual Period Book Value Rate Depreciation Year Accumulated Depreciation Book Value 2018 2019 2020 2021 2022 2023 End of Period Depreciation for the Period Beginning of Period Book Depreciation Annual Value Rate Depreciation Year Accumulated Depreciation Book Value 2018 2019 2020 2021 2022 2023 2024 2025 Total