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Motrison uses the double-decinitig balance method for calculating depreciation on its machitiery and equiginent 13) (Click the icon to viow the additional information ) The controller uses Excels DOB function le produce the followng depreciation expense schedale for this mactine. (Clek the icon to view the deprediafion expenses schedule for this mackine) income o Revienuea - Operating expenses - Depreciation expense f (Enier arnounts to the mearest cont X ) Morrison Corporation is thinking of buying a new machine that will cost 595,000 . The machine'g Morrison uses the doctble-dedining balance method for calculating depreciation on its machine Data table More info The costs of operating the riew machine (not including depreciation expense) are expecied to be $18,000 per year, while the machine will generate revenues of 578,000 per yeat. Assume that the machine is purchased and placed into service on the first dity of Morrison's fiecal year