the beginning of a fiscal year, Alexander Company buys a machine for $48,000. Th

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the beginning of a fiscal year, Alexander Company buys a machine for $48,000. The machine has an estimated life of five years and an estimated salvage value of $4,000. Using the following four methods, determine the annual depreciation of the machine for each of the estimated five years of its life, the accumulated depreciation at the end of each year, and the book value of the machine at the end of each year. Round annual depreciation to the nearest dollar when rounding is required. double decling methodYEAR ANNUAL DEPRECIATION ACCUMULATED DEPRECIATION BOOK VALUE AT END OF YEAR 1 $ $ $ 2 Year 3 Year 4 Year 5 Total $

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