Question 1 Blossom Company purchases equipment on January 1, Year 1, at a cost of s273,000. The asset is expected to have a service life of 6 years and a salvage value of $20,000 Compute the amount of depreciation for each of Years 1 and 2 using the straight-line depreciation method. Depreciation for Year 1 s Depreciation for Year 2 Compute the amount of depreciation for each of Years 1 and 2 using the sum-of-the-years-digits method. Depreciation for Year 1 Depreciation for Year 2 Compute the amount of depreciation for each of years 1 and 2 using the double-declining-balance method. (Round answers to 0 decimal places, e.g. 45,892.,) Depreciation for year Depreciation for Year 2s