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1. Cutter Enterprises purchased equipment for $93,000 on January 1, 2018. The equipment is expected...

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Accounting

1. Cutter Enterprises purchased equipment for $93,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual value of $3600. Using the sum-of-the-years'-digits method, depreciation for 2018 and book value at December 31, 2018, would be

2. Cutter Enterprises purchased equipment for $99,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual value of $3900. Using the sum-of-the-years'-digits method, depreciation for 2019 and book value at December 31, 2019, would be:

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