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Q1. (5pts) A company purchased a machine for $40,000 with a salvage value of $10,000. The company planned to use the machine for 10 years.
Q1. (5pts) A company purchased a machine for $40,000 with a salvage value of $10,000. The company planned to use the machine for 10 years. The operating cost of the machine is expected to be $15,000 per year. Answer the following questions. (Refer to the example below (1) Develop a table showing depreciation and book value amounts for the recovery period using the straight line (SL) method (2pts). And provide a graph showing book values for the recovery period (0.5pt) (2) Develop a table showing depreciation and book value amounts for the recovery period using the double- declining method (DDB) methods (2pts). And provide a line graph showing book values for the recovery period (0.5p) Example format of the answers of Q1-(1) and (2) BV BV(1) 34 D(t) 3245 325 76 23423 4321 1243 Table - t 45 Graph
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