4 Banko Inc, manufactures sporting goods. The following information applies to a machine purchased on January 1 Year 1. 4 points Purchase price Delivery cost Installation charge Estimated life Estimated units Salvage estimate $ 67,eee $ 6,000 $ 3, eee 5 years 144,000 $ 4,000 8 02:53:44 Skloped eBook During Year 1, the machine produced 40,000 units, and during Year 2 it produced 42,000 units Required a. Determine the amount of depreciation expense for Year 1 and Year 2 using straight-line method b. Determine the amount of depreciation expense for Year 1 and Year 2 using double-declining balance method c. Determine the amount of depreciation expense for Year 1 and Year 2 using units of production method d. Determine the amount of depreciation expense for Year 1 and Year 2 using MACRS, assuming that the machine is classified as seven-year property. (Round your answers to the nearest dollar amount.) Print o MACRS table: References 5-Year 7-Year Year property, property, 1 20.ee 14.29 2 32.00 24.49 3 19.20 17.49 4 11.52 12.49 5 11.52 8.93 6 5.76 8.92 8.93 8 4.45 Year 1 Year 2 5 14,400 $ 14,400 ia Depreciation expense b. Depreciation expense fc Depreciation expense d. Depreciation expenso