8) Chervinski Industries recently paid $460,000 to buy a building that has an estimated useful life of 40 years and a residual value of $116,000. Calculate the depreciation expense for the third year after acquisition using double-declining-balance depreciation. Assume a full year of depreciation in the first year. 9) 9) Dersch Co, purchased a machine on January 1, 2014, for $1,500,000. Using the table below, calculate the annual depreciation expense for each year of the machine's life (estimated at 5 years or 50.000 hours with a residual value of $150,000). During the machine's life it was used 15,000: 14,000 10,000: 9,000 and 6,000 hours. Straight Line Units of Production Declining Balance Year 2014 2015 2016 2017 2018 Civat Goose tor for 10)