I. On September 30, 2023, Baker Enterprises purchased a machine for $200,000. The estimated service life is 10 years with a $20,000 residual value. Baker records partial-year depreciation based on the number of months in service. Required: 1. Compute depreciation expense for 2023, using the straightline method. 2. Compute depreciation expense for 2024, using the doubledeclining balance method. 3. Compute depreciation expense (to the nearest dollar) for 2024, using sum-of-the-years' digits method