Required information Exercise 8-9 A Computing and recording straight-line versus double-declining balance depreciation LO 8. 2, 8-3 (The following information applies to the questions displayed below.) At the beginning of Year 1. Copland Drugstore purchased a new computer system for 250,000. It is expected to have a five-year life and a $40,000 salvage value. Exercise 8-9A Part a Required a. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-line depreciation. Straight-line depreciation $ 42,000 (2) Double-declining balance depreciation. Year 1 Year 2 Year 3 Year 4 Year 5 Double- Declining $ 100.000 $ 60,000 $ 36,000 $ 21,600 $ 12,960