1) ABC Company purchased a machine that cost $79,301, has an estimated residual value of $4,261, and has an estimated useful life of 10 years.

Using the double declining balance method, what is the book value at the end of year 1?

2) Uber Inc purchased a car for $41,200. The car has a salvage value of $2,200 and is estimated to be in use for 200,000 miles. What is the depreciation expense for Year 3 assuming mileage used in year 1 was 12,600, year 2 was 24,470, and year 3 was 20,310?