Watkins Production purchased a new computerized machine at a cost of $450,000. The machine has a residual value of $64,000 and an expected life of 5 years. 1. Using the table I started for you below, calculate the depreciation expense, accumulated depreciation and book value for all 5 years of the machine's expected life using the straight-line method of depreciation (8 points. Need to use formulas/cell references in the cells whenever possible in order to earn full credit.) Year Depreciation Expense Accumulated Depreciation Book Value 0 12345