5) Depreciation (10 points) On January 24", the Urban Corp. acquired a new machine for the production line with an estimated useful life of ten years. The cost of the machine is $120,000. Instruction: (show your calculations and round to 2 decimal places) Using the 200% Declining Balance Method, (a) what is the carrying amount of the machine ending of year Two"? (b) how high is the Depreciation Expense in Dollars in year "Three"? (c) what is the carrying amount of the machine beginning of year "Seven