On January 1, 2015 Emming Corporation purchased some machinery. The machinery has an estimated me of 10 years and an edimated rei machinery was $20,000 in 2017 Required: Compute the acquisition cost of the equipment under the following depreciation methods 1. Straight-line S 205,000 2. Sum-of-the-years-digits $ 137,500 3. Double-declining-balance $ 100,000 X d value o, ss ooo ne depreda n e pe e att 1. For this exercise, you should insert the known values into the following equation and solve for the unknown. Depreciation- (Cost- Residual value) + Useful Life For this exercise, you should insert the known values into the following equation and solve for the unknown. Depreciation-(Cost-Residual value) S-Y-D factor. s-Y-D factor The denominator of the fraction is the sum of the years of the asset's service life. The numerator of the fraction is the number of years remaining in the asset's life as of the beginning of the year. Sum-of-the-years'-digits -10x1-55