- Textbook Solutions Icx + akeAssignment/takeAssignmentMain.do?invokere&takeAssignmentSession Locator Binprogress=false was Hulu Watch # P Da Other Bookmarks eBook Show Me How Office 365 Depreciation by two methods A storage tank acquired at the beginning of the fiscal year at a cost of $75,600 has an estimated resul value of $12,000 and an estimated us e of 20 years. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below Open spreadsheet a. Determine the amount of annual depreciation by the straight line method. Round your answer to the nearest dolar b. Determine the amount of depreciation for the first and second years computed by the double-dedining balance method. Do not round the double-declining balance rate. Round your answers to the nearest dollar Depreciation Year 1 Year 2 $ Previous Next > S e nt for Grading Check My Work