Computing Depreciation Under Straight$-$Line and Double$-$Declining$-$Balance for Partial Years

A machine costing $$218,700is$ purchased $on$ May $1,$ Year $1.$ The machine $is$ expected $tobe$ obsolete after three years $(36$ months$)$ and, thereafter, $no$ longer useful $to$ the company. The estimated salvage value $is$ $$8,100.$ Compute depreciation expense for both Year $1$ and Year $2$ under each $of$ the following depreciation methods:

$a.$ Straight$-$line $(Roundto$ nearest dollar$)$

Year $1$Answer $1$

Year $2$Answer $2$

$b.$ Double$-$declining$-$balance $(Roundto$ nearest dollar$)$

Year $1$Answer $3$

Year $2$Answer $4$