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A machine bought 1/1/2014. Cost: $50,000 Salvage Value: $7,000 Estimated Useful Life: 3 years Sum of the Years' Digits Method 1.What is the net book

A machine bought 1/1/2014.
Cost: $50,000
Salvage Value: $7,000
Estimated Useful Life: 3 years
Sum of the Years' Digits Method
1.What is the net book value on 12/31/2015?
2. What is the depreciation expense on 12/31/2016?

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