2. A company's property records revealed the following information about its plant assets:

Machine No.	Cost	Salvage Value	Purchase Date	Depreciation Method and Estimate Life
1	$42,000	$3,000	10/1/08	Straight-line (3 years)
2	86,000	8,600	1/4/08	Double-declining-balance (5 years)

Calculate the depreciation expense for each machine for the year ended December 31, 2008, for the year ended December 31, 2009, and for the year ended December 31, 2010. Machine 1: 2008 _______________________

2009 _______________________

2010 _______________________ Machine 2:

2008 _______________________

2009 _______________________

2010 _______________________