1. On October 1, 20X1, Dax Corp. purchases for R.O 125,000 a machine that Dax estimates will have a useful life of 5 years and a residual value of R.O 15,000.Dax uses 150% DB depreciation. Complete the table below. And prepare the adjusting journal entry to record 20X3 depreciation expenses.

( Declining-balance method )

Years	Beginning Book Value	Depreciation Rate	Depreciation Expenses	Accumulated Depreciation	Year End Book Value