Other Depreciation Methods: Declining-Balance Method - Knowledge Check * Your answer is incorrect. Knowledge Check Paint Pro purchased a spray painter on August 1, 2025 for $5,760 and estimated the salvage value at $800, along with an estimated useful life of 4 years and 6,000 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 2026 expense Save for Later LA $ 2880 1440 Attempts: 1 of 3 used Submit Answer

Other Depreciation Methods: Declining-Balance Method - Knowledge Check Knowledge Check Paint Pro purchased a spray painter on August 1, 2025 for $5,760 and estimated the salvage value at $800, along with an estimated useful life of 4 years and 6,000 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 intermediote calculations and final onswers to 0 decimal places, eg. 5.275.) 2025 expense $ 2026 expense 3