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[The following information applies to the questions displayed below.) At the beginning of 2018, Copeland Drugstore purchased a new computer system for $52,000. It is

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[The following information applies to the questions displayed below.) At the beginning of 2018, Copeland Drugstore purchased a new computer system for $52,000. It is expected to have a five-year life and a $7,000 salvage value. Required a. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-line depreciation Straight-Line depreciation ences (2) Double-declining-balance depreciation. (Leave no cells blank - be certain to enter "0" wherever required.) Double-Declining Balance Year 1 Year 2 Year 3 Year 4 Year 5

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