y in 2008, Lauren Corporation eng complete modernization of Lauren's ma June 1, 2018 and was completed on Dec payments to Mikell, Inc. during 2018: SAN June 1 $3,000/000 September ! $4,200,000 December 31 $2,800,000 $ Vaden Corporation purchased a depreciable asset for $630,000 on January 1, 2015. The estimated salvage value is $63,000, and the estimated total useful life is 9 years. The straight-line method is used for depreciation. In 2018, Falcon changed its estimates to a total useful life of 5 years with a salvage value of $105,000. Required: Calculate the depreciation expense for 2018. 19 SM The machine has an