Sandblasting equipment acquired at a cost of $68,000 has an estimated residual value of $4,000 and an estimated useful life of 5 years.

Partial-Year Depreciation sandblasting equipment acquired at a cost o $68,000 has an estimated residual value of S4,000 and an estimated use u life of 5 years It was placed n service on April 1 of a. Determine the depreciation for 20Y5 and for 20Y6 by the straight-line method. Round your answer to the nearest cent if rounding is required o ren, sca e a w chen son December .20 . Depreciation 20V5 20V6 b. Determine the depreciation for 20VS and for 20V6 by the double-declining-balance method. Round your answer to the nearest cent if rounding is required. 12,800 X 12,800 Depreciation 20Y5 20Y6