value: 8.00 points Equipment costing $76,000 was purchased by Taiwan Company at the beginning of the current year. The company will depreciate the equipment by the declining-balance method, but it has not determined whether the rate will be at 150 percent or 200 percent of the straight-line rate. The estimated useful life of the equipment is eight years. Prepare a comparison of the two alternative rates for management for the first two years Taiwan owns the equipment. (Round your answers to the nearest dollar amount. Omit the "$" sign in your response.) Year 1 Year 2 A Double-declining balance depreciation: 150% declining-balance depreciation: A (Click to select) A 5. value: 8.00 points Supreme Fitness Club uses straight-line depreciation for a machine costing $20,100, with an estimated four-year life and a $2,300 salvage value. At the beginning of the third year, Supreme determines that the machine has three more years of remaining useful life, after which it will have an estimated $1,850 salvage value. (1) Compute the machine's book value at the end of its second year. (Omit the "$" sign in your response.) Book value (2) Compute the amount of depreciation for each of the final three years given the revised estimates. (Do not round your intermediate calculations. Round your answers to the nearest dollar amount. Omit the "$" sign in your response.) Amount of depreciation Year 3 Year 4 Year 5 $