On April 30, Year 1. Titton Products poechased machinery for $220,000. The usetul lide of this machinery is estimated at 8 years, with an $20,000 residuai value Titun whet a culencer Weav innd for firtanclal reporting Assime that in ins financiat sratements. Titon Products uses the 150 F-declining balance method and the half-year convention. Doprecintion expene in Yoar f and Year 2 wili be Muniple Choice 520.625 in Year 1 and 537.383 in Year 2. $37,500 in Year 1 and $34,219 in Yewr 2 . 141,250 in Yew 1 and 341,250 in Year 2. 541,250 in Year 1 and 537383 in Year 2. On April 30, Year 1. Titton Products poechased machinery for $220,000. The usetul lide of this machinery is estimated at 8 years, with an $20,000 residuai value Titun whet a culencer Weav innd for firtanclal reporting Assime that in ins financiat sratements. Titon Products uses the 150 F-declining balance method and the half-year convention. Doprecintion expene in Yoar f and Year 2 wili be Muniple Choice 520.625 in Year 1 and 537.383 in Year 2. $37,500 in Year 1 and $34,219 in Yewr 2 . 141,250 in Yew 1 and 341,250 in Year 2. 541,250 in Year 1 and 537383 in Year 2