PROBLEM: 1 20 POINTS ABC COMPANY ACQUIRED HEAVY MECHINERY AT A COST OF 70,000.00 IN OCTOBER 1, 2017. THE MECHINERY WAS EXPECTED TO PROVIDE 10,000 MECHINE HOURS OF SERVICE FOR FIVE YEARS, AFTER WHICH IT CAN BE SOLD FOR APPROXIMATELY $ 10,000.00. ACTUAL MECHINE OPERATING HOURS DURING THE FIRST SIX YEARS WERE AS FOLLOWS: 500,2100,2000,2500,2000 AND 900. INSTRUCTIONS: COMPUTE DEPRECITION FOR THE FIVE YEARS USING THE FOLLOWING DEPRECTIATION METHODS: 1.STRAIGHT LINE 2.SERVICE QUANTITY-MECHINE HOURS 3. DOUBLE DECLING METHOD.