Part II $(60$ points$)$

A$.$ A machine cost $$90,000$ on January $3,2023.$ Its estimated salvage value is $$9,000$ and its expected life is eight years.

Instructions

Calculate the depreciation expense $($to the nearest dollar$)$ by each of the following methods, showing the amounts used.

$($a$)$ Straight$-$line

$($b$)$ Double$-$declining balance $($double of straight line$)$

$($c$)$ Sum$-$of$-$the$-$years'$-$digits

$($d$)$ MACRS by property class $($recovery period$)$ of seven years

$\backslash$table$[[$Depreciation expense by method$],[$Year$,$Straight Line,$\backslash$table$[[$Declining$],[$Balance$]],\backslash$table$[[$Sum of the$],[$Year Digits$]],$MACRS$],[1,,,,],[2,,,,],[3,,,,],[4,,,,],[5,,,,],[6,,,,],[7,,,,],[8,,,,]]$