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The Blossom Clinic purchased a new surgical laser for $159,600. The estimated salvage value is $7,600. The laser has a useful life of frve years

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The Blossom Clinic purchased a new surgical laser for $159,600. The estimated salvage value is $7,600. The laser has a useful life of frve years and the clinic expects to use it for 20,000 hours. It was used 3,040 hours in year 1;3,990 hours in year 2;4,560 hours in yea 3;3,610 hours in year 4;3,800 hours in year 5 . (a) Your answer is partially correct. Compute the annual depreciation for each of the five years under each of the following methods: (1) straight-line. (2) units-of-3etivity. (Round answers to 0 decimal place, eg. 1500)

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