Question 3 Coronado Company purchases equipment on January 1, Year 1, at a cost of $478,380. The asset is expected to have a service life of 12 years and a salvage value of $40,800. Compute the amount of depreciation for Years 1 through 3 using the straight-line depreciation method Round answers to 0 decimal places, e8. 5,125.) Depreciation for Year1 Depreciation for Year 2 Depreciation for Year 3 s s Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years-digits method. Depreciation for Year 1 Depreciationfor Year2 Depreciation for Year 3 s Compute the amount of depreciation for each of Years 1 through 3 using the double-declining-balance method. (Round depreciation rate to 2 decimal places, eg. 15.84%. Round answers to 0 decimal places, e.s. 45,892.) Depreciation for Year 1 Depreciation for Year 2 Depreciationfor Year 3 s s