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Depreciation Methods A machine costing $510,300 was purchased May 1. The machine should be obsolete after three years and therefore, no longer useful to the

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Depreciation Methods A machine costing $510,300 was purchased May 1. The machine should be obsolete after three years and therefore, no longer useful to the company. The estimated salvage value is $18.900. Calculate the depreciation experne for each year of its expected useful life using each of the following depreciation methods: (a) straight line, (b) double-declining balance, Assume the company has a calendar year end Do not round any rates. Round final answers to the nearest dollar Year 2 Year 3 Year Straight line DO 166,300 140.200 M 163,800 113.400 163,800 37.800 OX 491,400 S 491.400 Check

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