4.Company DEF purchases and installs a piece of equipment in its facility at the beginning of the year at a cost of $50,000. The machine's useful life is estimated at 10 years, or 90,000 units of product with a $5,000 salvage value. (Use this information for the three methods below.) a.Using the Straight-Line Method of Depreciation, determine the machine's first, second and third year Depreciation Expense on the Income Statement and Accumulated Depreciation and Net Book Value on the Balance Sheet Accumulated Net Book Depreciation Expense Depreciation Value Purchase Year 1 Year 2 Accumulated Net Book Depreciation Expense Depreciation Value Purchase Year Year 2 Year 3 For Year 2 the Income Statement will reflect Depreciation Expense of $ For Year 2, the Balance Sheet will reflect Equipment of less Accumulated Depreciation of equals Net Book Value ols