Calculate the Straight Line Depreciation Expense for Year 1 based on the information below: Burley Industries purchased a machine for its factory on JAN 1st. egin{tabular}{l} ( $ 1,340 ) \ hline( $ 1,700 ) \ hline( $ 3,450 ) \ hline( $ 1,670.50 ) end{tabular}

Calculate the Straight Line Depreciation Expense for Year 1 based on the information below: Burley Industries purchased a machine for its factory on JAN 1st. $1,340 $1,700 $3,450 $1,670.50