Bridgeport Company purchased a new machine for $370,000. It is estimated that the machine will have a $37,000 salvage value at theend 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 $10,952 because ending book value should not be less than expected salvage value