Question: Depreciation by Two Methods; Partial Years Razar Sharp Company purchased equipment on July 1, 20Y5, for $41,850. The equipment was expected to have a useful

Depreciation by Two Methods; Partial Years

Razar Sharp Company purchased equipment on July 1, 20Y5, for $41,850. The equipment was expected to have a useful life of three years and a residual value of $1,350.

Instructions:

Determine the amount of depreciation expense for the years ended December 31, 20Y5, 20Y6, 20Y7, and 20Y8, by (a) the straight-line method and (b) the double-declining-balance method.

a. Straight-line method

Year	Amount
20Y5	$ 6750
20Y6	$ 13500
20Y7	$ 13500
20Y8	$ 6750

b. Double-declining-balance method. Round the double-declining-balance depreciation rate to six decimal places and round your final answers to the nearest whole dollar.

Year	Amount
20Y5	$ 13950
20Y6	$18600
20Y7	$ 6200
20Y8	$ ????????

Im confused of what to put on year 20y8 of the Double-declining method

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