On January 2, Haskins Company purchases a laser cutting machine for use in fabrication of a part for one of its key products. The machine cost $80,000, and i expected salvage value is $5,000. Compute depreciation expense for each year of the machine's useful life under each of the following depreciation methods: Round answers estimated useful life is five years, after which the the nearest whole number, when applicable. Straight-line Year 1 $ Year 2 Year 3 Year 4 Year 5 b. Double-declining-balance Year 1 Year 2 S Year 3 $ Year 4S Year 5 $