Computing Partial Period Depreciation under Multiple Depreciation Methods Compute depreciation expense for 2021 for each asset #1, #2, #3, and #4. Note: Carry all decimals in calculations; round final answers to the nearest dollar. Asset Acquisition Date Jan. 1, 2020 Aug. 30, 2020 Double-declining-balance Acquisition Useful Salvage 2021 Depreciation Depreciation Method #1 Straight-line Cost Life $10,000 4 years Value $500 $ Expense 2,375 #2 14,500 8 years 1,000 $ 2,250 x #3 Feb. 1, 2021 Sum-of-the-years'-digits 18,000 4 years 800 $ 6,307 #4 Jul. 31, 2021 Straight-line 33,800 8 years 0 $ 1,760 Check