three account categories. DA-3. PLUM Corporation acquired a new computer early in January of Year 1 Tor $291,600. They expected the computer to have a six-year useful life and a residual value of $39,600. Required: Prepare tables showing the depreciation expense that would be recorded each year for the six-year useful life of the computer using: (a) straight-line; and (b) double-declining-balance. Chapter 8 Section A