A machine cost $800,000 on January 1, 2014. lts estimated salvage value is $80,000 and its expected life is eight years Instructions: Calculate annual depreciation expense for 2014-2016 (to the nearest dollar) AND Net Book Value at the end of 2016 by each of the following methods (a) Straight-line (b) Double-declining balance (c) Sum-of-the-years'-digits Straight-Line Year 2014 2015 2016 Double-Declining Balance Year 2014 2015 2016 Method SL DDB SYD Sum of Year's Digits Net Book Value Year 2014 2015 2016