Exercise9 At the beginning of 2018, Lindy Weink, the controller of Carla Vista Inc., reviewed the expected useful life and residual value of two of the company's machines and proposed changes as follows: Useful Life (in years) Residual Value Machine Date Acquired Cost Original Proposed Original Proposed 38,100 $64,230 $3,706 Jan. 1, 2008 Jan. 1, 2016 25 $855,800 $119,390 #1 20 #2 $4,940 Calculate the annual depreciation for each asset using the straight-line method and the original useful life and residual value Machine 1 Machine 2 Calculate the accumulated depreciation and carrying amount of each asset on December 31, 2017. Machine 1 Machine2 Accumulated depreciation Carrying amount