Refer to the data given for Butters Company in BE9–5. Assume instead that the company uses the diminishing-balance method and that the diminishing-balance depreciation rate is double the straight- line rate. Calculate the depreciation expense

Refer to the Data given BE9-5

Butters Company acquires equipment at a cost of $42,000 on January 3, 2014. Management estimates the equipment will have a residual value of $6,000 at the end of its four-year useful life. Assume the company uses the straight-line method of depreciation. Calculate the depreciation expense

(a) For each year of the equipment’s life, and

(b) In total over the equipment’s life.