Question: Question four: (6 points) A machine which cost $200,000 is acquired on October 1, 2015. Its estimated residual value is $20,000 and its expected life

Question four: (6 points) A machine which cost $200,000 is acquired on October 1, 2015. Its estimated residual value is $20,000 and its expected life is eight years. Instructions Calculate depreciation expense for 2015 and 2016 by each of the following methods, showing the figures used. (a) Double-declining balance (b) Sum-of-the-years'-digits

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