Question 6 Partially correct Mark 1.20 out of 2.00 P Flag question Depreciation Methods A machine costing $255,150 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer useful to the company. The estimated salvage value is $9,450. Calculate the depreciation expense for each year of its expected useful life using each of the following depreciation methods: (a) straight-line, (b) double-declining balance. Assume the company has a calendar year end. Do not round any rates. Round final answers to the nearest dollar. Straight-line Year 1 s 54,600 $ Year 2 81,900 Year 3 81,900 Year 4 3,500 X $ 255,150 x $ DDB 113,400 94,500 31,500 3,500 x Check