Depreciation For the following, calculate Depreciation Per Year, Accumulated Depreciation and Net Remaining Book Value on an MRI Machine. Cost of the machine is $50,0008 useful life is 8 years. Use the Straight Line Method of Depreciation. Assume a Salvage Value of $20,000. \begin{tabular}{|c|c|c|c|c|} \hline & & Depreciation & & Net \\ \hline & Cost to be & Expense Per & Accumulated & Remaining \\ \hline Year & Depreciated & Year & Depreciation & Book Value \\ \hline & & & & \\ \hline & & & & \\ \hline 1 & & & & \\ \hline 2 & & & & \\ \hline 3 & & & & \\ \hline 4 & & & & \\ \hline 5 & & & & \\ \hline 6 & & & & \\ \hline 7 & & & & \\ \hline 8 & & & & \\ \hline \end{tabular}