Buena Vista Regional Hospital purchased a new MRI machine having the following characteristics:

Cost $1,153,000

Estimated useful life (years) 5

Residual value $238,000

Furthermore, the hospital estimates the machine's usage (in hours) to be the following:

Total hours of service during useful life ....................................19,600

Hours of service during year 1 ............................................................3,364

Hours of service during year 2 ............................................................3,748

Hours of service during year 3 ............................................................3,496

Hours of service during year 4 ............................................................4,112

Hours of service during year 5 ............................................................4,880

Use the double-declining-balance method of depreciation to complete the following table.

Book value at beginning of year Depreciation expense for yearAccumulated depreciation at end of yearBook value at end of year

Year 1

Year 2

Year 3

Year 4

Year 5