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QUESTION #3 i. XYZ Company recently purchased a machine at a cost of 30.000. The machine is expected to have a residual value of 15.000

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QUESTION #3 i. XYZ Company recently purchased a machine at a cost of 30.000. The machine is expected to have a residual value of 15.000 at the end of its useful life in 5 years. Calculate depreciation expense using the straight-line method. Which other depreciation methodology exist and explain how it would be modified the Net Income of the company in each of the five years instead of using the straight-line method

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