On July $1,2025,$ Flint Company purchased for $$3,960,000$ snow$-$making equipment having an estimated useful life of $5$ years with an estimated salvage value of $$165,000.$ Depreciation is taken for the portion of the year the asset is used.

$($a$)$

Complete the form below by determining the depreciation expense and year$-$end book values for $2025$ and $2026$ using:

Sum$-$of$-$the$-$years'$-$digits method.

Double$-$declining balance method.

$2025$

$2026$

Sum$-$of$-$the$-$Years'$-$Digits Method

$\backslash$table$[[$Equipment$,,,$$$3,960,000],[$Less: Accumulated Depreciation,$$,$$$,],[$Year$-$End Book Value,$$,$$$,],[$Depreciation Expense for the Year,$$,$$$,]]$