Question 3 View Policies Current Attempt in Progress 1. 1at a cost of $501.000. The asset is expected to b e a service life Skysong Company purchases equipment on any of 12 years and s e value of $45.360 Compute the amount of depreciation for each of Years 1 through 3 using the straight line depreciation method (Round answers to decimal places . 5.125) Depreciation for Year 1 $ Depreciation for Year 2 5 Depreciation for Year 3 $ e Textbook and Media Assistance Used e Textbook home enter NM , pause t shift end Teadboak Compute the amount of depreciation for each of years through 3 using the sum of the years' digits method. Depreciation for Year 1 $ Depreciation for Years Depreciation for Year 3 $ eTextbook and Media Assistance Used eTetbook Compute the amount of depreciation for each of Years 1 through 3 using the double-declining balance method. (Round depreciation rate to 2 decimal places, s. 15.84%. Round answers to decimal places, s. 45,892.) H KL enter pause t shift Ctrl Assistance Used e Textbook and Media eledthook Compute the amount of depreciation for each of Years 1 through using the double-declining balance method (Round depreciation rate to 2 decimal places, s. 15.34. Round answers to decimal places, ca. 45,892) Depreciation for Year 1 $ Depreciation for Year 2 $ Depreciation for Year 3 S eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer K L M entera N M ? pause pause t shift end EN