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Crane Company purchased Machine # 2 0 1 on May 1 , 2 0 2 5 . The following information relating to Machine # 2

Crane Company purchased Machine #201 on May 1,2025. The following information relating to Machine #201 was gathered at the
end of May.
It is expected that the machine could be used for 10 years, after which the salvage value would be zero. Crane intends to use the
machine for only 8 years, however, after which it expects to be able to sell it for $1,530. The invoice for Machine #201 was paid May 5
Crane uses the calendar year as the basis for the preparation of financial statements.
(a)
Compute the depreciation expense for the years indicated using the following methods.
Straight-line method for 2025
Depreciation Expense
Sum-of-the-years'-digits method for 2026
$
Double-declining-balance method for 2025
$
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