Computing Straight-Line and Double-Declining-Balance Depreciation On January 2, 2016, Dechow Company purchases a machine to help manufacture a part for one of its key products. The machine cost $262,440 and is estimated to have a useful life of six years, with an expected salvage value of $28,080. Compute each year's depreciation expense for 2016 and 2017 for each of the following depreciation methods. a. Straight-line 2016 $ 2017 $ b. Double-declining-balance (Do not round the depreciation rate used in your calculations.) 2016 $ 2017 $ Check