Question: help me with this question, follow my formate and type your answer, Depreciation by Two Methods A storage tank acquired at the beginning of the

help me with this question, follow my formate and type your answer,
help me with this question, follow my formate and type your answer,

Depreciation by Two Methods A storage tank acquired at the beginning of the fiscal year at a cost of $90,000 has an estimated residual value of $12,000 and an estimated useful life of 25 years. a. Determine the amount of annual depreciation by the straight-line method. b. Determine the amount of depreciation for the first and second years computed by the double declining-balance method. Depreclation Year 1 Year 2

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