MR puntion is thonix Bitte bancomeschodcom.browland 22. Accounting for Long-Term Assets Save & Exit SL Check my w Exercise 8-13 Revising depreciation LO C2 Apex Fitness Club uses straight line depreciation for a machine costing $23,860, with an estimated four year life and a $2,400 salvage value. At the beginning of the third year, Apex determines that the machine has three more years of remaining useful life, after which it will have an estimated $2,000 salvage value. Required: 1. Compute the machine's book value at the end of its second year, 2. Compute the amount of depreciation for each of the final three years given the revised estimates. ..... Complete this question by entering your answers in the tabs below. Required 1 Required 2 Comnute the machine's hook value at the end of its second year Soon -- + 3 S & 7 B P. putempeceronica.din. Chapter 8: Accounting for Long Term Assets Save Help 13 2. Compute the amount of depreciation for each of the final three years given the revised estimates. Complete this question by entering your answers in the tabs below. 5 Required 1 Required 2 sapped BOG Compute the machine's book value at the end of its second year. Book thun at the End of Year 2: Cost Accumulated depreciation 2 years Book value at point of revision $ 0 Required 2 MC Graw Hill Type to each DO 0 e 1 6 W E R 20 T Y U O P