A machine is purchased January $1$ at a cost of $$59,700.$ It is expected to serve for eight years and have a salvage value of $$3,700.$

Double$-$declining$-$balance $($round to two decimal places$)$

Year Annual Depreation Ending book value

$1$

$2$

$3$

$4$

$5$

$6$

$7$

$8$