Use the information below to calculate the machine's depreciation expense Machines initial cost $820 Residual value. $120 The Company started to use the machine on May 1, 2020 The useful fe of the machine is 2 years The Company will use the machine for 60 days in the first year and 80 days in the second year. The Company had a year end on December 31. And using the performance related methods regarding depreciation Year Depreciation Expense: 200 Accumulated Depreciation Net Book Value 200 620 367 567 251 933 200 120