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29,000 miles value of local residents as a result of negli hat it is probable that Wote will Wooten nywhere from $.000 most probable costs 55.400,000. As o nal contingency of up conting seas Esclose and but not close any 9. Calculate depreciation. A machine which cost $500,000 is acquired on October 1, 2017. Its estimated salvage value is $50,000 and its expected life is eight years. Instructions (1) Calculate depreciation expense for 2017 and 2018 by each of the following method: showing the figures used. (a) Double-declining balance (b) Straight Line B 1500,000/8 /5)=56250 2017 Dep=562503/12 = 14062.50 2018 dep=56250 A) 18018=12.5% double decline: 12.5*2=25% 2017 dep = (500,000 25/03/12)=31250 Lot de P = (soOooo 257) SoC, Boo 731.425 32 - 3 ( 117187.50