Question: Johnson Technology Company bought a new electronic drilling machine. for $ 5 0 0 , 0 0 0 on January 1 . The machine is

Johnson Technology Company bought a new electronic drilling machine. for $500,000 on January 1. The machine is estimated to have a useful life of 15 years and a salvage value of $10,000.
Using yourfinancial calculator (no credit will be given for any other method used), prepare a schedule of depreciation (1st 2 years only) using the straight line and declining Balance methods.
Your answers must reflect 4decimal places to the right of the decimalpoint or no credit. You must show which keys and sequence you used (i.e.[CPT],{2nd], etc. or no credit

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