CengageNOWv2 | Online teaching "xx+ n/ilrn/takeAssignment/takeAssignmentMain.do?invoker=8takeAssignmentSession... Depreciation by Two Methods A computer system acquired on January 1 at a cost of $297,000 has an estimated useful life of ten years. Assuming that it residual value. a. Determine the depreciation for each of the first two years by the straight-line method. First Year Second Year $ $ b. Determine the depreciation for each of the first two years by the double-declining-balance method. Do not round the dou declining balance rate. If required, round your final answers to the nearest dollar. First Year $ Second Year $ Search