Problem 134 Company purchased for $3,600,000 snow-making equipment having an estimated useful life of 5 years with an estimated salvage value of $150,000. Depreciation is taken for the portion of the year the asset is used. Complete the form below by determining the depreciation expense and year-end book values for 2017 and 2018 using th 1. sum-of-the-years'-digits method. 2. double-declining balance method. 2017 2018 Sum-of-the-Yea Equipment Less: Accumulated Depreciatiorn Year-End Book Value Depreciation Expense for the Year $3,600,000 $3,600,000 Double-Declining Balance Method Equipment $3,600,000 $3,600,000 Less: Accumulated Depreciation Year-End Book Value Depreciation Expense for the Year 2019, the compan y determined that the equipment would be useful to the company for anly ore Assunve the company had used more year beyond 2019. Salvage value is estimated at $200,000 ine degreciation during 2017 and 2018. During 2019, Compute the amount of depreciation experse for the 2010 incomse statement Depreciation epese 2019, the company determined that the equipment would be useful to the company for only one more year beyoed 2019. Salvage value is estimated at $200,000 What is the depreciation base of this asset? Degreciation base Click if you would like to show Work for this question: SsD