on corp Status QUESTIONS On June 30, 2016. Colora Printers purchased a printer for $59,000. It expects the printer to last for four years and have a residual value of 58000. Compute the depreciation expense on the printer for the year ended December 31, 2016, using the straight-line method Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar) 512,750 6 56,375 $14750 0.57,438 QUESTION 9 on January 1, 2016, Martini, Inc. acquired a machine for $1,030,000. The estimated useful life of the asset is five years. Residual weath olve years is estimated to be 587,000. What is the book value of the machine at the end of 2017 if the company uses the sea of depreciation * 5618,000 05652