A company's property records revealed the following information about its plant assets: Machine Cost Salvage Value Purchase Date Depreciation Method and Estimate Life 1 $42,000 $3,000 10/1/19 Straight-line (3 years) 2 $86,000 $8,600 7/1/19 Double-declining-balance (5 years) Calculate the depreciation expense for each machine for the year ended December 31, 2019, and for the year ended December 31, 2020. Machine 1: 2019 _______________________ 2020 _______________________ Machine 2: 2019 _______________________ 2020 _______________________