Print 1. PR.18.07A.Guided eBook Straight-Line, Declining-Balance, Sum-Of-The-Years'-Digits, and MACRS Methods A machine is purchased January 1 at a cost of $59,000. It is expected to serve for eight years and have a salvage value of $3,000 Required: 1. Prepare a schedule showing depreciation for each year and the book value at the end of each year using the following methods a. Straight-line Straight-Line Method Year Annual Depreciation Ending Book Value 2 4 5 6 7 8