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Johnson Company purchased a machine on January 1, 2018. Use the following data to compute the items specified below. There are 5 problems in this set. Choose a number from 1 to 5: COST: SALVAGE VALUE LIFE $30,000 $2,000 YEARS GRADE GRADE 28000 ANSWER EACH OF THE FOLLOWING: 1 DEPRECIABLE COST 2 STRAIGHT LINE RATE AS A DECIMAL 3 SL DEPRECIATION EXPENSE IN YEAR 1 4 BOOK VALUE AFTER ONE YEAR (SL) 5 BOOK VALUE AFTER THREE YEARS (SL) 5,600 24,400 13,200 6 DDB RATE 7 DEPRECIATION EXPENSE IN YEAR 1 (DDB) 8 BOOK VALUE END OF YEAR 1 9 BOOK VALUE END OF YEAR 3 10 BOOK VALUE AT THE END OF 5 YEARS Johnson Company purchased a machine on January 1, 2018. Use the following data to compute the items specified below. There are 5 problems in this set. Choose a number from 1 to 5: COST: SALVAGE VALUE LIFE $30,000 $2,000 YEARS GRADE GRADE 28000 ANSWER EACH OF THE FOLLOWING: 1 DEPRECIABLE COST 2 STRAIGHT LINE RATE AS A DECIMAL 3 SL DEPRECIATION EXPENSE IN YEAR 1 4 BOOK VALUE AFTER ONE YEAR (SL) 5 BOOK VALUE AFTER THREE YEARS (SL) 5,600 24,400 13,200 6 DDB RATE 7 DEPRECIATION EXPENSE IN YEAR 1 (DDB) 8 BOOK VALUE END OF YEAR 1 9 BOOK VALUE END OF YEAR 3 10 BOOK VALUE AT THE END OF 5 YEARS