Question: A machine that cost $ 1 , 0 6 4 , 0 0 0 was purchased on April 1 , 2 0 2 5 .

A machine that cost $1,064,000 was purchased on April 1,2025. Its estimated salvage value is $106,400 and its expected useful life is eight years.
(a1)
Calculate the depreciation expense by straight-line for 2025.(Round answer to 0 decimal places, e.g.5,275.)
Depreciation expenseCalculate the depreciation expense by double-declining balance for 2026.

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