Choice Among Depreciation Methods Walnut Ridge Production Inc. purchased a new computerized video-editing machine at a cost of $370,000. The system has a res $53,200 and an expected life of 5 years. Required: 1. Compute depreciation expense, accumulated depreciation, and book value for the first 3 years of the machine's life using: a. The straight-line method. is more Check My Work uses remaining. Pritviou b. The double-decirung-balance method 2. Which meinod would produce the largest incom a more Check My Won uses trmaking