I can't seem to get the forumla correct for verifying the first$/$second year depreciation WITHOUT using double$-$declining balance function. The above two numbers are showing correct. Need the actual formula to put into the excel cell.

Ginsberg Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of

$$94,500.$ The machine's useful life is estimated at $8$ years, with a salvage value of $$12,300.$

Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work.

Nothing in this area will be graded, but it will be submitted with your assignment.