The purchase price of a machine is $7500, its estimated salvage value is $3000, and its service life is 6 years. Please answer the following questions: Using the double declining balance (DDB) method: (31) The depreciation amount in the second year is close to: a) $1700 b) $1550. c) $1600 d) $1670 (32) Tho book value of the machine at the end of year 1 is close to: (a) $1480 b) $1425 c) $972 d) 5900