Computing Depreciation Expense.

Equipment costing $340,000, with an expected scrap value of $30,000 and an estimated useful life of 5 years, was purchased on January 1, 2012.

Calculate the depreciation expense for the years 2012 to 2016 using: (a) the straight-line method and (b) the double-declining-balance method.

Round to the nearest whole number.

	2012	2013	2014	2015	2016
Straight-line depreciation	$	$	$	$	$
Double-declining balance
(a) without straight-line switch-over	$	$	$	$	$
(b) with straight-line switch-over	$	$	$	$	$