81% 2:58 STRAIGHT-LINE, DECLINING BALANCE SUM-OF-THE-YEARS-DIGIIS, AND MACRS METHODS A machine is purrhased lanuary 1 ac a cost ofs5y UOU. It is expetlud lforigh years and havu a salvage value o$3,000. REQUIREID 1. rear a suheduleshowing deprciuliuir for each year and the book value at the cnd of cach year using the following methnds la) Saaight-line h) Double-deu:lining-lulillLe(round 11 ao decimal places) lc) Sum-of-the-years'-digits (round to two derimal plares 2. Assuming a seven-year class of properry. compul: MACRS depreciati!expense fur each year of the asset's life 72 Fa.re