Question: Knowledge Check Paint Pro purchased a spray painter on August 1, 2025 for $7,440 and estimated the salvage value at $900, along with an

Knowledge Check Paint Pro purchased a spray painter on August 1, 2025

Knowledge Check Paint Pro purchased a spray painter on August 1, 2025 for $7,440 and estimated the salvage value at $900, along with an estimated useful life of 4 years and 6,500 spray hours. 1,200 spray hours were used in 2025. 1,500 spray hours were used in 2026. How much is depreciation expense in 2025 and 2026 using the double-declining-balance method? (Round intermediate calculations and final answers to O decimal places, e.g. 5,275.) 2025 expense SA $ 1550 2026 expense EA $

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