Answer the following:

Use this information to answer all questions in this section. Mitch Co. bought a new machine on 8/1/25 for $10,000. The machine has a salvage value of $1,000. The machine's useful life is estimated at 5 years and it is estimated to produce a total of 500,000 units over its lifetime. Year end for Mitch Co. is 12/31. Assume Mitch Co. uses the sum-of-the-years'-digit method to calculate depreciation. How much depreciation expense would Mitch recognize in 2026? Question 4 options: $3,000 $2,750 $2,400 $2,000 Assume Mitch Co. uses the double-declining method to calculate depreciation. How much depreciation expense would Mitch recognize in 2027? Question 5 options: $3,000 $2,400 $2,000 $2,750