Styles Enterprises purchased a piece of equipment on January 1, 2015. The equipment cost $86.000 and had a salvage value of $6000. The estimated useful life of the equipment was 10 years. Compute the following amounts for the equipment on December 31, 2017, using both the straight-line method and the double declining balance (DDB) method.

Depreciation Expenses Accumulated Depreciation Net Book Value

Straight-line __________________ ______________________ ___________________

DDB __________________ ______________________ ___________________