Skysong Company purchases equipment on January 1, Year 1, at a cost of $504,000. The asset is expected to have a service life of 12 years and a salvage value of $45,360. (a) * Your answer is incorrect. Compute the amount of depreciation for each of Years 1 through 3 using the straight-line depreciation method. (Round answers to Odecimal places, e. . 5.125.) Depreciation for Year 1 \$ Depreciation for Year 2$ Depreciation for Year 3 \$