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Not sure if I did this right? Talia's Tutus bought a new sewing machine for $80,000 that will be depreciated over 5 years using double-declining-balance

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Talia's Tutus bought a new sewing machine for $80,000 that will be depreciated over 5 years using double-declining-balance depreciation with a switch to straight-line. Required: a. Find the depreciation charge each year. b. If the sewing machine is sold after 3 years for $34,000, what will be the after-tax proceeds on the sale if the firm's tax bracket is 35%? Complete this question by entering your answers in the tabs below. Required A Required B Find the depreciation charge each year. Year Depreciation 1 $ 16,000 N 32,000 w 48,000 4 64,000

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