86,000 $ 2,000 $ 1,000 Purchase price Delivery cost Installation charge Estimated life Estimated units Salvage estimate 5 years 145,000 $ 2,000 During 2016, the machine produced 41,000 units and during 2017, it produced 43,000 units Required: a. Determine the amount of depreciation expense for 2016 and 2017 using straight-line method 2016 2017 Depreciation expense b. Determine the amount of depreciation expense for 2016 and 2017 using double-declining-balance method. 2016 2017 Depreciation expense c. Determine the amount of depreciation expense for 2016 and 2017 using units of production method 2016 2017 Depreciation expense d. Determine the amount of depreciation expense for 2016 and 2017 using MACRS, assuming that the machine is classified as seven-year property. (Round your answers to the nearest dollar amount.) MACRS table 5-Year 7-Year Year property,96 property,96 20.00 32.00 19.20 11.52 11.52 5.76 14.29 24.49 17.49 12.49 8.93 8.92 8.93 4.46 3 7 2016 2017 Depreciation expense