Requlred Information [The following information opplies to the questions aisplayed below] At the beginning of Year 1, Copeland Drugstore purchased a new computer system for $130,000 it k expected to have a five-year life and a $20,000 salvoge value b. Record the purchase of the computer system and the deprectation expense for the first year under straight-line and doubledeciining-baiance methods in a financial statements model. Note: In the Statement of Cosh Flows column, use the Initials OA to designate operating activity, IA for investing activity, FA for. tinancing octivity, and NC for net change In cash. Enter any decreases to occount belances and cash outfiows with e minus sign. Not all cells require input. Colorado Mining pald $600,000 to acpuire a mine with 50,000 tons of cool reserves. The financial starements model in Reguired B refects Colorado Minng's financial condmon Just pror to purchastng the coal reserves. The company extracted 26,250 tons of coal in year 1 and 22.500 sons in year 2 Requlred: 8. Compute the cepletion charge per ton b. Record the acquistion of the coal reserves and the deplebon expense for years 1 and 2 in a financial statements model. Complete this question by ientering your answers in the tabs below. Record the acquisition of the coal reserves and the depletien expense for years 1 and 2 in a financial statementa model. Requtred: 2. Compute the anrial amorzaton exponse for mese ithemic