H 20 A machine cost $900,000 on April 1, 2020. Its estimated salvage value is $90,000 and its expected life is eight years. Instructions (14 points) 1 Calculate the depreciation expense (to the nearest dollar) by each of the following methods, showing the amounts used a Straight-line for 2020 and 2021 2020 50,625 2021 b Double-declining balance for 2020 and 2021 2020 2021 c Sum-of-the-years-digits for 2020 and 2021 2020 2021 2 Which method would result in the smallest income amount for 2021