Current Attempt in Progress Tamarisk Company purchased Machine #201 on May 1, 2020. The following information relating to Machine #201 was gathered at the end of May $112,200 Price 2/10,n/30 Credit terms $ 1,056 Freight-in $5,016 Preparation and installation costs Labor costs during regular production operations $13,860 It is expected that the machine could be used for 10 years, after which the salvage value would be zero. Tamarisk intends to use the machine for only 8 years, however, after which it expects to be able to sell it for $1,980. The invoice for Machine #201 was paid May 5, 2020. Tamarisk 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. Depreciation Expense (1) Straight-line method for 2020 14254 (2) Sum-of-the-years'-digits method for 2021 $ (3) Double-declining-balance method for 2020 $