A new machine costs $160 000, has a useful life of 10 years, and can be sold for $15 000 at the end of its useful life. It is expected that $5000 will be spent to dismantle and remove the machine at...

A new machine costs $160 000, has a useful life of 10 years, and can be sold for $15 000 at the end of its useful life. It is expected that $5000 will be spent to dismantle and remove the machine at the end of its useful life. Determine the straight-line depreciation schedule for this machine. Solve for the Accumulated Depreciation per year and Book Value at the end of each year and summarize using a table by: a) Straight Line Method, b) Sinking Fund Method (i=10%), c) Sum-of-Years-Method d) Declining Balance Method and e) Double Declining Balance Method.