Question 21 4 pts ABC. Inc. acquired a mchine on January 1 at a cost of $250.000. Hermit jestimates that the machine has a useful life of 10 vears and a $50.00 residual value. Calculate the depreciation expense for the first two years using each of the following methods. (a) straight-line method Year 1 Depreciation Expense 230000 Year 2 Depreciation Expense 210000 (b) Double-declining balance method Year 1 Depreciation Expense Year 2 Depreciation Expense