just do A and B.

C is already done

Exercise 9.3 (Algo) Depreciation for Partial Years (L09-3) On August 3, Cinco Construction purchased special-purpose equipment at a cost of $5,200,000. The useful life of the equipment was estimated to be elght years, with an estimated residual value of $50.000 a. Compute the depreciation expense to be recognized each calendar year for financial reporting purposes under the straight-line depreciation method (halfyear convention b. Compute the depreciation expense to be recognized each calendar year for financial reporting purposes under the 200 percent declining balance method (hall-year conventions with a switch to straight-line when it will maximize depreciation expense. c. Which of these two depreciation methods (straight-line or double-declining balance) results in the highest net Income for financial reporting purposes during the first two years of the equipment's use? Complete this question by entering your answers in the tabs below. Required Required Required Compute the depreciation expense to be recognized each calendar year for financial reporting purposes under the straight-line depreciation method (half-year convention). Adunt your depreciation Frecessary, so that the total depreciation expense equals depreciable value of these. Do not found intermediate calculations and round your final answers to the nearest whole number Show less Year Straight line (Hail Year Convention 1 2 13 4 To 3 Required)