Newbirth coatings company purchased waterproffing equipment on jan 2 2009 for 380,000 the equipment was expected to have a life of 4 years and a RV of 36,000
Determine the amount of depreciation expense for the years ended dec 21, 09,10,11,12 by (a) straight-line method and (b) double declining balance method. also determine total depr. expense for 4 years.