Exerclse 8-13 Revising depreclation LO C2 Apex Fitness Club uses stralght-lne depreclation for a machine costing $27,300, with an estlmated four year life and a $2.050 salvage value. At the beginning of the third year, Apex determines that the machine has three more years of remaining useful Iife, after whichIt Will have an estimated $1600 salvage value. Required: 2 Compute the amount of depreclation for each of the final three years given the revised estimates. Complete this question by entering your answers in the tabs below. Required 1Required 2 Compute the machine's book value at the end of its second year Book Value at the End of Year of revision Book value at point ( Required! Required 2 > Exerclse 8-13 Revising depreclation LO C2 Apex Fitness Club uses stralght-lne depreclation for a machine costing $27,300, with an estlmated four year life and a $2,050 salvage value. At the beglnning of the third year, Apex determines that the machine has three more years of remaining useful Iife, after which It ill have an estimated $1,600 salvage value. Required: 1. Compute the machines book value at the end of Its second year. 2 Compute the amount of depreclation for each of the final three years glven the revised estimates. Complete this question by entering your answers in the tabs below. Required 1Required 2 Compute the amount of depreciation for each of the final three years given the revised estimates. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.) Revised Depreciation (Years 3-5) Book value at point of revision Revised salvage value emaining depreciable cost Years of life remaining Revised annual depreciation years 40) Required 1 Required 2