Your company just bought a new piece of equipment to manufacture widgets It has a cost basis of $128,000, a useful life of 11 years, and no salvage value. If the asset is depreciated using a 200% declining balance with straight line switchover method, answer the following questions a) How much does the value depreciate in Year 1? b) How much does the value depreciate in Year 2? c) What is the book value at the end of Year 4? d) How much does the value depreciate in Year 10? e) in which year does the switchover occur (what is the first year of straight line depreciation)? a) How much does the value depreciate in Year 1? $ (Round to the nearest dollar - no decimal places) b) How much does the value depreciate in Year 2? $ (Round to the nearest dollar - no decimal places) c) What is the book value at the end of Year 42 $ (Round to the nearest dollar - no decimal places) d) How much does the value depreciate in Year 10? Enter your answer in each of the answer boxes