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 straight-line method of depreciation to complete the following table.

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

Year 1

Year 2

Year 3

Year 4

Year 5