nment One - Word Table Tools ences Mailings Review View Design Layout Tell me what you want to do... Aa .... * 21 | wy. A. IE... 5 Normal 1 No Spac... Heading 1 Heading 2 Title Paragraph Styles Ouestion Seven: Declining balance depreciation On July 6, 2014, Grayson purchased new machinery with an estimated useful life of 10 years. The cost of the equipment was $80,000, with a residual value of $8,000. Compute the depreciation on this machinery in 2014 and 2015 using each of the following methods 2014 2015 S (a) 150-declining-balance, using the half-year convention (b) 200-declining-balance, using the half-year convention s