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ratal X Inbox (3)- 03420504@er X tps/l hapters 7 to 12 Exercise 8-13 Revising depreciation LO C2 Apex Fitness Club uses straight-line depreciation for a machime costing $29.450, with an estimated four year life and a $2 350 salvage value. At the beginning of the third year, Apex determines that the machine has three more years of remaning useful life, after which it will have an estimated $1,900 salvage value Required 1. Compute the machine's book value at the end of its second year 2. Compute the amount of depreciation for each of the final three years given the revised estimats Complete this question by entering your answers in the tabs below. Required 2 Compute the machine's book value at the end of its second year Accumulaned depreciation 2 yees Boxk value at point of revson 8