- You purchased a new machine from Turkey for your business on November 1, 2020. Your accounting period is on a scal year basis from ' April 1 to March 31. _ The price of the machine was $100,000. International freight was $6,000. Customs duty was 15,000. Local transporation cost was 500, installation ' and testing cost 10,000, insurance during transportation was 2,000 and - one year safety insurance cost 1.000. Oil and lubricant required for the - machine costs 700 yearly. The machine requires another 500 yearly for - maintenance. - The machine has a useful life of 5 years and you expect that the salvage _ value at the end of five years will be 5,000. ' Using double declining method of depreciation, prepare a complete 4 depreciation schedule for this machine