A storage tank acquired at the beginning of the fiscal year at a cost of $104,400 has an estimated residual value of $6,000 and an estimated useful life of 20 years. a.  Determine the amount of annual depreciation by the straight-line method.fill in the blank 1 of 1$ b.  Determine the amount of depreciation for the first and second years computed by the double-declining-balance method. Do not round the double-declining balance rate. If required, round your answers to the nearest dollar. Year Depreciation Year 1 fill in the blank 1 of 2$ Year 2 fill in the blank 2 of 2$

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