New machine that cost \\( \\$ 100,000 \\) is in service on July 1 st, 2022 with salvage value of \\( \\$ 5,000 \\) and life of 10 years or 75000 hours Use straight line method assuming company uses a calendar year-end (Dec -31) 1. Depreciation expense year 1 2. Depreciation expense year 2 3. Book Value at end of year 3