1 match Qgain Test #4 1. 2. A machine costing $41,250 with a 5-year life and $2,500 residual value was purchased January 2. Compute depreciation for each of the five years, using the double- declining-balance method. Year Depreciation 3 Year 1 $ 4. Year 2 Year 3 $ Year 4 $ 6. Year 5 $ 7. 8. 9. 10. 11. Previous Next Progress: 10/11 items Time Remaining: 1:02:56 All work saved. Email Instructor Submit Test for Grading