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What are the answers for Machine 1 and 2 pls Crane Inc., reported the following information about two of its machines as December 31, 2019.

image text in transcribedWhat are the answers for Machine 1 and 2 pls

Crane Inc., reported the following information about two of its machines as December 31, 2019. Residual Value Machine Date Acquired Cost Useful Life (in years) #1 Jan. 1, 2011 $843,000 $121,580 20 5 $37,260 $5,100 #2 Jan. 1, 2019 (a) Calculate the annual depreciation for each asset using the straight-line method. Machine 1 $ ta Machine 2 $

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