Question 5 [4 points) On March 1, 2014, Bentley Inc. purchased new automobiles for $148.000. The automobiles were expected to last five years and have a residual value of $10,000 Calculate depreciation expense for 2014 and 2015 to the nearest month using the straight-line method, and the double-declining balance method. Bentley Inc. has a December 31 year-end. Round final calculations to the nearest dollar. For simplicity, assume the automobile is depreciated as an individual item and will not be broken down into its parts and depreciated. Year Straight-Line Double-Declining Balance 2014 23,000 49,334 2015 27.600 59 200