Depreciation by Two Methods

A computer system acquired on January $1$ at a cost of $$35,000$ has an estimated useful life of five years. Assuming that it will have no 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.

First Year

Second Year

$

$