Swifty Corporation purchased a new plant asset on April 1, 2020, at a cost of $894,000. It was estimated to have a useful life of 20 years and a residual value of $354,000, a physical life of 30 years, and a salvage value of $0. Swifty's accounting period is the calendar year. Swifty prepares financial statements in accordance with IFRS. Calculate the depreciation for this asset for 2020 and 2021 using the straight-line method. (Round answers to decimal places, e.g. 5,275.) Depreciation 2020 $ $ 2021 $ Calculate the depreciation for this asset for 2020 and 2021 using the double-declining-balance method. (Round answers to O decimal places, e.g. 5,275.) Depreciation 2020 $ 2021 $ Calculate the depreciation for this asset for 2020 and 2021 using the straight-line method and assuming Swifty prepares financial statements in accordance with ASPE. (Do not round intermediate calculations and round answers to 0 decimal places, e.g.5,275.) Depreciation 2020 $ 2021 $ Assume that additional information has been provided relating to the cost ($894,000). There are three components of the plant asset. Components 1, 2, and 3 have costs of $410,000, $244,000, and $240,000, respectively. The useful lives of components 1, 2, and 3 are 25, 20, and 30 years, respectively. Determine straight-line depreciation expense for 2020 and 2021 for each component under IFRS if the residual value is $100,000 for component 1, $128,000 for component 2, and $126,000 for component 3. (Do not round intermediate calculations and round answers to O decimal places, e.g. 5,275.) Depreciation expense 2020 2021 Component 1 $ $ Component 2 $ $ $ Component 3