Required information The foWowing information applies to the questions aispleyod below At the beginning of Year 1 Copeland Drugstore purchased a new computer system for $200,000. t is expocted to hove a five-year life and a $30,000 salvage value. Required a. Compute the depreciation for each of the five years, assuming that the compeny uses (1) Straight-line deprociation (2) Double-declining-balance depreciation. (Leave no cells blank-be certain to enter"0" wherever required.) Required information /The following wformation applies to the questions displayod below At the beginning of Year 1, Copeland Drugstore purchased a new camputer system for $200,000. n is oxpected to have a five-year life and a $30,000 salvage valuc. b. Record the purchase of the computer system and the depreciation expense for the first year under straight-ine decl lining-balance methods in a activity (OA), an investing activity (IA). a finaneing activity (FA) and net change in element is not affected by the event. Enter any decreases to account balances and cash outlo cash (NC). The lotters NA Indicate that an Balance Sheet Income Statement Stockholders Statement of Cash Flows Assets -Revenue |-| Expenses- Book Value of Retained Income Cash + puter Straight-Line Depreciation Double-Declining-Balance Depreciation