Chapter 10 ine costing $36,000 with a 6 year 5. A mach life and a $6,000 salvage value was years, using the straight line method. 6. A machine costing $36,000 with a 6 year purchased on January 2, 2006. Compute purchased on January 2, 2006. Compute e depreciation expense for each of the six life and a $6,000 salvage value was the depreciation expense for each of the six years twice the straight line rate. using the declining balance method at Eauipment purchased on January 2, 2006 FoR 7. $165,000 is expected to have a useful life of 5 years or 15,000 operating hours and a salvage value of $15,000. depreciation expense for the first and second years by the following methods: Compute the (A) straight line method (B) units of production (2500 hours first year and 3250 hours second year