QUESTION 18 10 points Save Answer ABC Corp. purchases a machine for $100,000. It has a useful life of 20 years. Assume that ABC Corp. decides to use the double-declining balance method of depreciation and assume zero salvage value. 1) Make the journal entry for the first year's depreciation expense related to this asset. 2) Make the journal entry for the second year's depreciation expense related to this asset. Clearly label your answers. Show your work for partial credit. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I U Paragraph Arial 10pt A TE % :: V X2 X2 > llc - + T A ka H 1 HE EXE {:} ? + P O WORDS POWERED BY TINY