Question: EX 10-9 Depreciation by two methods OBJ. 2 A computer system acquired on January 1 at a cost of $35,000 has an estimated useful life

EX 10-9 Depreciation by two methods OBJ. 2 A computer system

EX 10-9 Depreciation by two methods OBJ. 2 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, determine the depreciation for each of the first two years (a) by the straight-line method and (b) by the double-declining- balance method

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