John purchased a machine priced at $29,500. He has to pay a sales tax of $1,300 on this purchase. He also paid for the inbound transporation charges of $725 on the new machine, as well as labor cost of $2,150 to install the machine in the factory. In addition, he had to prepare the site before installation at a cost of $6,225. If the machine has a salvage value of $6,500 and a service life of 5 years. Deteremine the following the book value and depreciation cost every year using the following depreciation methods.

(Answers in 2 decimal places):

a. Straight Line Method

b. Declining Balance Method

c. Sinking Fund Method (i = 6%)

d. Sum of the Years Method

e. Double Declining Balance Method