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Current Attempt in Progress Whispering Company purchased a new plant asset on April...

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Accounting

Current Attempt in Progress
Whispering Company purchased a new plant asset on April 1,2025, at a cost of $744,000. It was estimated to have a service life of 20 years and a salvage value of $51,000. Whispering' accounting period is the calendar year.
(a)
Your answer is correct.
Compute the depreciation for this asset for 2025 and 2026 using the sum-of-the-years'-digits method. (Do not round intermediate calculations. Round final answers to 0 decimal places, e.g.45,892.)
Depreciation for 2025 $48,500
Depreciation for 2026 $63.525
b) Compute the depteciation for this assess for 2025 and 2026 using the donkee declijing balance method
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