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A machine costing $85,000 with a 5-year life and $10,000 residual value was purchased January 2, 2019 Compute depreciation for each of the five years,

A machine costing $85,000 with a 5-year life and $10,000 residual value was purchased January 2, 2019 Compute depreciation for each of the five years, using the declining-balance. Depreciation Expense (Show Calculation)

(1) Year 1

( 2) Year 2

(3) Year 3

(4) Year 4

(5) Year 5

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