Acquisition Cost and Depreciation Reveille, Inc., purchased Machine a204 on April 1, 2016, and placed the machine into production on April 3, 2016. The following information is relevant to Machine Price $60,000 Freight in costs 2,500 Preparation and installation costs Labor costs during regular production operation 10,200 Credit terms 2/10, n/30 Total productive output 138,500 units The company expects that the machine could be used for 10 years, after which the salvage value would be zero. However, Reveille intends to use the machine only B years, after which it expects to be able to sell it for s9,800. The invoice for Machine a204 was paid April 10, 2016. The number of units produced in 2016 and 2017 was 23,200 and 29,000, respectively. Reveille computes depreciation expense to the nearest whole month. Required: Compute the depreciation expense for 2016 and 2017, using the following methods. Round your answer to the nearest dollar. a. Straight-line method; 2016 depreciation s 2017 depreciation b. Sum of the years' digits methodi 2016 depreciation 2017 depreciation