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urgent pls Maserati SpA purchased a new machine for its assembly process on August 1, 2019. The cost of this machine was 150,000. The company

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Maserati SpA purchased a new machine for its assembly process on August 1, 2019. The cost of this machine was 150,000. The company estimated that the machine would have a residual value of 25,000 at the end of its service life. Its life is estimated at 8 years, and its working hours are estimated at 21,000 hours. Year-end is December 31. What is depreciation expense for 2020 by using the double-declining-balance method and fixed percentage of diminishing value method, respectively? 34,102 Using the double- declining-balance method: [39 ] Using fixed percentage of diminishing value method

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