the nearest whole month. Required: 1. Compute depreciation expense for Year 1 and Year 2 using the following methods: (Round your answers to the nearest dollar.) a. Straight-line method Year 1$x Year 2$ b. Sum-of-the-years'-digits method Year 1$x Year 2x c. Double-declining-balance method Year 1x Year 2$x d. Activity method Year 1x Year 2x 2. For each method, what is the book value of the machine at the end of Year 1? At the end of Year 2? (Round your answers to the nearest dollar.) a. Straight-line method Year 1$x Year 2$ x b. Sum-of-the-years'-digits method x Year 2$ x c. Double-declining-balance method Year 1$x Year 2x d. Activity method Year 1x Year 2x 3. Next Level The book value of the asset in the early years of the asset's service will be asset is used