17. Computer equipment was acquired at the beginning of the yearat a cost of $57,000 that has an est

17. Computer equipment was acquired at the beginning of the yearat a cost of $57,000 that has an estimated residual value of $9,000and an estimated useful life of 5 years (16points) Determine the 1st and 2nd year’sdepreciation using straight-line depreciation. (8points,calculation procedure counts 4 points, filling the blank counts4 points.) Answers: Year 1: Year 2: Determine the 1st and 2nd year’sdepreciation using double-declining-balance depreciation. (8points,calculation procedure counts 4 points, filling the blank counts4 points.) Answers: Year 1: Year 2: Attached

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