4. A company's property records revealed the following information about its plant assets Machine No. Cost $82,000 45,000 Salvage Value $8,000 3,600 Purchase Date Jan 1 July 1 Estimated Life 5 years 5 years Depreciation Method Straight-line Double-declining balance Calculate the depreciation expense for each machine in Year 1 and Year 2 for the years ended December 31. Show your work for credit. (2 points) Machine 1: Year 1 Year 2 Machine 2: Year 1 Year 2