Computing Depreciation Under Straight-Line and Double-Declining-Balance for Partial Years (LO3) A Company with a calendar year-end, purchases a machine costing $144, 000 on July 1, 2013. The machine is expected to be obsolete after three years (36 month) and, thereafter, no longer useful to the company. The estimated salvage value is $6, 000. The company's depreciation for the portion of the year that the asset is in service. Compute depreciation expense for both 2013 and 2014 under the following depreciation methods: a. Straight-line b. Double-declining-balance Computing and Comparing PPE Turnover for Two Companies (LO3) Texas Instruments Inc. (TXN) and Intel Corporation (INTC) report the following information. a. Compute the 2012 PPE turnover for both companies. Comment on any difference observed. b. Discuss ways in which high-tech manufacturing companies like these can increase their PPE turnover