Calculate the accumulated depreciation and carrying amount of each asset on December 31, 2023. Calculate the annual depreciation for each asset using the straight-line method. Machine 1$ Machine 2$ If the company accepts Wendy's proposed changes in useful life and residual value, calculate the depreciation expense for 2024 on both machines. (Round answers to 0 decimal places, e.g. 5,275.) Machine 1$ Machine 2$ Sheridan Inc., reported the following information about two of its machines as at December 31, 2023. The new controller of the company, Wendy Weink, is proposing new estimates for the useful life and residual value of these machines for 2024