Ayayai Company purchased a new machine for $$385,000.$ It is estimated that the machine will have a $$38,500$ salvage value at the end of its $5-$year useful service life. The double$-$declining$-$balance method of depreciation will be used.

Prepare a depreciation schedule which shows the annual depreciation expense on the machine for its $5-$year life.

$*$Adjusted to $$11,396$ because ending book value should not be less than expected salvage value.

Attempts: $0$ of $1$ used