Triple Double Company (TOC) purchased a machine at the beginning of the year for $1,000,000. The machine has an estimated residual value of $100,000, an estimated life of other 10 years or 2,250,000 units produced. Assume that TDC uses straight line depreciation. What is the accumulated depreciation for this machine as of the end of the fourth year (atter adjusting entries)? Enter your answer in the box below. Answer: Describe your work for partial credit: Assume Instead that TDC uses the units-of-production depreciation method. The machine produced 270,000 units in the first year, Prepare the journal entry to record the depreciation expense at the end of the first year. Remember to include financial statement effects in parentheses. Date Account Debit Credit Year 1 Assume instead that TDC uses the double-declining balance method. Calculate the book value of the machine at the end of the second year after any adjusting entries). Enter your answer in the box below. Answer: Describe your work for partial credit