Question #3 Fixed Assets and Depreciation calculations (10 points) Actmedia Corporation purchased a high-tech laser cutter on January 1, 2015, at a oost of S34,000. The company estimated that the laser cutter would have a uscful life of 4 years and a residual value of $4,000. Required A. Assuming the coampany uses the double-declining balance method of depreciation, calculate deprociation expense for the year ended December 31, 2018. (3 points) B. Assuming the company uses the straight-line method of depreciation, what is the book value of the machine as of December 31, 2016? (3 points) which of the two methods straight-line or do bled clining balance would result in lower net income in 2015? (2 points) D. Which of the two methods, straight-line or doubic-declining balance would result in lower net income in 2017? (2 points)