Question: Exercise 252 a-b Ermler Company purchased a machine at a cost of $80,000. The machine is expected to have a $5,000 salvage value at the

 Exercise 252 a-b Ermler Company purchased a machine at a cost

Exercise 252 a-b Ermler Company purchased a machine at a cost of $80,000. The machine is expected to have a $5,000 salvage value at the end of its 5-year useful life. Compute annual depreciation for the first and second years using the Straight-line method. Year 1 Year 2 Straight-line methods LINK TO TEXT Compute annual depreciation for the first and second years using the Double-declining- balance method. Year 1 Year 2 Double-declining-balance methods Click if you would like to Show Work for this question: Open Show Work

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