A companys property records revealed the following information about one of its

Question

A company's property records revealed the following information about one of its plant assets:

Cost	Salvage Value	Purchase Date	Estimated Life	Depreciation Method
154,000	15,000	01/01	10 years	Double-declining balance

Calculate the depreciation expense in Year 1 and Year 2 for the year ended December 31.
Year 1 ______________________ Year 2 _______________________

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