A building is acquired on January 1 at a cost of $1,020,000 with an estimated useful life of ten years and salvage value of $91,800. Compute depreciation expense for the first three years using the double-declining-balance method.Note: Round your answers to the nearest dollar. First Year Second Year January 1. The factory manager estimates the machine will produce 489,000 units of product during its life. It actually produces thefollowing units: 122,800 in Year 1, 124,200 in Year 2, 120,900 in Year 3, 131100 in Year 4. The total number of units produced by the endof Year 4 exceeds the original estimate—this difference was not predicted. Note: The machine cannot be depreciated below itsestimated salvage value. Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method.Note: Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar. Complete this question by entering your answers in the tabs below. Straight Line | UMt of dzg?':i'f9 Production 9balance Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-linedepreciation. DepreciationExpense $ 0 Doubledecliningbalance Units ofProduction Straight Line Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units ofproduction. =Year 2 124,200 Year 3 120,900 Year 4 131,100 Total Complete this question by entering your answers in the tabs below. Double Units of Straight Line Production decliningbalance Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double-declining-balance.