HU False QUESTION 8 2 points Save Answer The Lunch Company purchases machinery for $210,000. Management estimates that the machinery will have a useful life of eight years and salvage value of $10,000. Calculate depreciation expense and the book value of the equipment at the end of the first year using the straight-line method of depreciation. T T T Arial 3 (12pt) T.EE Path: P Words:0 Click Save and Submit to save and submit. Click Save All Answers to serve all answers Save All Answers Close Window Save and Submit