A machine which cost $120,000 is acquired on April 1, 2020. Its estimated salvage value is $20,000 and its expected life is eight years. Instructions (1) Calculate depreciation expense for 2020 and 2021 by each of the following methods, showing the figures used. (a) Double-declining balance (b) Sum-of-the-years'-digits For the toolbar, press ALT+F10(PC)or ALT+FN+F10(Mac). BIUS Paragraph Open Sans, sa... v 10pt x x2 (3) : A - -+ ABC IT Ix