On January 1 of the current year, the Oleg Konisovskiy Company purchased machinery for $127,000. The machinery has an estimated useful life of 5 years and an estimated salvage value of $7,000. Complete the depreciation schedule below.
							Each formula in column D must include the SLN function.
	Cost	$127,000
	Salvage	$7,000
	Life (in years)	5
	Year	January 1 book value	Depreciation Expense	Accumulated Depreciation	December 31 book value
	1	$127,000
	2
	3
	4
	5