Depreciation Methods or 970,000 cuttinges affer which it could be sold for 55.000 b. Assume that the machine was purchased onjuly l. Calcuiste each year's depreciation expense for the machine's useful life under each of the following deprectation methods: 1. Straight-ine 2. Doubledeclining balance. 1. Straight Line 2. Double ofdinge batange (round anwers to the newrest whole mumber, when uppropriale)