Records show the following information for a plant asset purchased in Year 1. Cost $ 990,000 Salvage Value $ 89,100 Purchase Date January 1 Useful Life 8 years Calculate depreciation expense for Year 1 and Year 2 for the year ended December 31. Depreciation expense for Year 1 for the year ended December 31 Depreciation expense for Year 2 for the year ended December 31 Depreciation Method Double-declining balance

Records show the following information for a plant asset purchased in Year 1. Calculate depreciation expense for Year 1 and Year 2 for the year ended December 3