Q2. (8 marks) Judds Company purchased a new plant asset on Septempe 1, 2017, at a cost of $711.000. It was estimated to have a service life of 20 years and a salvage value of $60,000. Judds' accounting period is the calendar year. Instructions (a) Compute the depreciation and book value for this asset for 2017 and 2018 using the sun-of-the-years-digits method. (b) Compute the depreciation book value for this asset for 2017 and 2018 using the double-declining-balance method