Freedom Co. purchased a new machine on July 2, 2010, at a total installed cost of $44,000. The machine has an estimated life of five years and an estimated salvage value of $6,000.How much depreciation expense should be recorded by Freedom Co. for its fiscal year ended December 31, 2010, under each of the three methods? (Note: The machine will have been used for one-half of its first year of life.) 1. Straight-Line? 2. Double Declining Balance? 3. 150% Declining Balance