Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on
January 1, Year 1:

Purchase price .............................$ 70,000
Delivery cost ..................................$ 3,000
Installation charge ........................$ 1,000
Estimated life .................................5 years
Estimated units .............................140,000
Salvage estimate ...........................$ 4,000

During Year 1, the machine produced 36,000 units, and during Year 2 it produced 38,000 units.
Required
Determine the amount of depreciation expense for Year 1 and Year 2 using each of the following methods:
a. Straight-line
b. Double-declining-balance
c. Units of production
d. MACRS, assuming that the machine is classified as seven-year property