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Use the following to answer the questions DO NOT INCLUDE COMMAS OR DOLLAR SIGNS IN YOUR ANSWERS The Company acquired a machine on January 1. Year 1. The machine cost $650,000 and had an estimated residual value of $100,000 and an estimated useful life of 8 years. Answer the following based on straight- line depreciation. Depreciation expense for year 5 is: Accumulated depreciation at the end of year 5 is: Book value at the end of year 5 is