Question 2 Waterway Company purchased a new plant asset on April 1,2017, at a cost of $732,330. It was estimated to have a service life of 20 years and a salvage value of $ 61,800. Waterway's accounting period is the calendar y ear Compute the depreciation for this asset for 2017 and 2018 using the sum-of-the-years'-digits method. (Round answers to O decimal places, eg.45,892) Depreciation for 2017 $ Depreciation for 2018 $ Compute the depreciation for this asset for 2017 and 2018 using the double-declining-balance method. (Round answers to O decimal places, eg. 45,892) Depreciation for 2017 $ Depreciation for 2018$