4 1.66 points Required Information Exercise 8-9 A Computing and recording straight-line versus double-declining-balance depreciation LO 8- 2, 8-3 [The following Information applies to the questions displayed below.] At the beginning of Year 1, Copland Drugstore purchased a new computer system for 190,000. It is expected to have a five-year life and a $30,000 salvage value. Exercise 8-9A Part a Required a. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-line depreciation. Answer is complete and correct. Straight-line $ 32,000 depreciation (2) Double-declining-balance depreciation. Answer is complete but not entirely correct. Year 1 Year 2 Year 3 Year 4 Year 5 Double- Declining $ 76,000 $ 45,600 $ 27,360 $ 16,416 % $ 9,850