Sheffield Company purchases equipment on January 1, Year 1, at a cost of $570,000. The asset is expected to have a service life of 12 years and a salvage value of $51,300.

Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years'-digits method.

Depreciation for Year 1		$enter a dollar amount
Depreciation for Year 2		$enter a dollar amount
Depreciation for Year 3		$enter a dollar amount