6 1 points eBook References Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1: Purchase price Delivery cost Installation charge Estimated life Estimated units Salvage estimate $ 78,500 $ 2,000 $ 1,000 a. Straight-line b. Double-declining-balance c. Units of production 5 years 159,000 $ 2,000 During Year 1, the machine produced 55,000 units and during Year 2, it produced 57,000 units. Required Determine the amount of depreciation expense for Year 1 and Year 2 using each of the following methods: Year 1 Year 2 Check my worl

Banko inc manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1 During Year 1 , the machine produced 55,000 units and during Yeat 2 , it produced 57,000 units Required Determine the amount of depreciation expense for Year 1 and Year 2 using each of the following methods