Question 28 Not yet answered Calculate depreciation for the first year using the double-declining-balance method of depreciation. (Do not round any Marked out of 1 The cost of an asset is $1,000,000, and its residual value is $290,00D. Estimated usefut life of the asset is five years intermediate calculations, and round your final answer to the nearest dollar.) r Remove tesSelect one A $284,000 B $400,000 C. $200,000 D. $142,000 E None of the above O The cost of an asset is $1,110,000, and its residual value is $300.000. Estimated useful life of the asset is five years Question 29 Not yet aneweres Cakculate depreciation for the second year using the double-declining-balance method of depreciation. (Do not round Marked out of P Fleo question any intermediate calculations, and round your final answer to the nearest dolar) Select one A $222.000 B $162000 C $324,000 D $266,400 E None of the above on June 30. 2016. Colora Printers purchased a printer for $59.000, it expects the printer to last for tour years and have Not ye wwereda residual value of $10,000 Compute the depreciation expense on the printer for the year ended December 31, 2016, using the straight-ine method (Round any intermediate cakculations to two decimal places, and your tinal answer to the Question 30 Marked out of f Fing queston Select one A $12 250 B $6,125 C $14,750 D $7.146 E None of the above