D E ALT-DDB-DEPRECIATION-SCHEDULE LL F Granite Company purchased a machine with cost of $70,000 and salvage value of $4,000. The life of the machine was estimated to be 5 years. Complete the depreciation schedule shown below using DDB depreciation. H YEAR DDB RATE BOOK VALUE DEPRECIATION ACCUM. BOOK VALUE BEGINNING EXPENSE DEPRECIATION END 1 0.40 70,000 28,000 28,000 42,000 23 0.40 42,000 16,800 16,800 25,200 3 0.40 25,200 + 10,080 10,080 15,120 45 0.40 15,120 6,048 6,048 0.40