Skysong AG purchased a new plant asset on April 1, 2022, at a cost of 774,000. It was estimated to have a service life of 20 years and a residual value of 62,520. Skysong' accounting period is the calendar year. (a) Your answer is correct. Compute the depreciation for this asset for 2022 and 2023 using the sum-of-the-years'-digits method. (Round answers to decimal places, e.g. 45,892.) Depreciation for 2022 50820 Depreciation for 2023 65219 e Textbook and Media Attempts: 1 of 2 used (b) Compute the depreciation for this asset for 2022 and 2023 using the double-declining-balance method. (Round answers to O decimal places, e.g. 45,892.) Depreciation for 2022 Depreciation for 2023 e Textbook and Media Save for Later Attempts: 0 of 2 used Submit