Sterling Steel Inc. purchased a new stamping machine at the beginning of the year at a cost of $$680,000.$ The estimated residual value was $$70,500.$ Assume that the estimated useful life was five years.

Required:

Complete a depreciation schedule for the straight$-$line method. $($Round your answers to the nearest dollar amount. Do not round your intermediate calculations. Omit the $"$$$"$ sign in your response.$)$

a$.$Straight$-$line.

$\backslash$table$[[\backslash$table$[[$Year$],[$At acquisition$],[1]],\backslash$table$[[$Depreciation$],[$Expense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],\backslash$table$[[$Net$],[$Book Value$]]],[2,$$$,,],[3,,,],[4,,,],[5,,,]]$