LS 99 annual ch C) Depreciation Expense Under Fractional Policies (5 points) A machine cost $80,000 on April 15, 2018. Its estimated salvage value is $8,000 and its expected life is eight years. Calculate the depreciation expense amount for 2018, using the Sum-of-the-years'-digits under five different fractional-year policies: Use the table on the cover page to fill in your answers. 3(9) 2 36 8 Fractional-Year Policies (1) Nearest fraction of a year. 4054.79 12 (2) Nearest full month. (3) Half year in period of acquisition and disposal. (4) Full year in period of acquisition, none in period of disposal. (5) None in period of acquisition, full year in period of disposal. 80,000 8000 Salvage $72,006 Jan Apal 15 dMay 8 (72, 36 117