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Depreciation Methods A machine costing 5291,600 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 5291,600 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 510,800 Calculate the depreciation expense 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 DDB Straight line OS 0 Wear You Year Year 4 U 0 0 0 OS 0 0 Check

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