Sandblasting equipment acquired at a cost of $109,000 has an estimated residual value of $7,000 and an estimated useful life of 5 years. It was placed in service on Apn 1 of the current fiscal year, which ends on December 31,20Y5. a. Determine the depreciation for 20y5 and for 20Y6 by the straight-iline method, Round your answer to the nearest cent if rounding is required