E11-3B (Depreciation Computations—SYD, DDB—Partial Periods) Bonds Company purchased a new plant asset on April 1, 2014, at a cost of $355,500. It was estimated to have a service life of 20 years and a salvage value of $30,000. Bonds’s accounting period is the calendar year.

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(a) Compute the depreciation for this asset for 2014 and 2015 using the sum-of-the-years’-digits method.

(b) Compute the depreciation for this asset for 2014 and 2015 using the double-declining balance method.

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