Use this information for the next two questions:

Equipment was purchased for Company A for$170,000.

Additional costs included:shippingcharges of$10,000 and a cost of $20,000 for building a foundation and installing the equipment. These costs were added to the total depreciable value of the equipment.It is estimated that the equipment will have a $30,000 salvage value at the end of its 5-year useful life.

Depreciation expense each year using the straight-line method will be:

Depreciation expense for Company Athe first year using the Double Declining Balancemethod will be: