1 Banko Inc manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1 Purchase price Delivery cost 91,000 $5,000 Installation charge Estimated Life Syears Estimated units 360,000 $1,000 Salvage estimate During Year 1, the machine produced 56,000 units and during Year 2, it produced 58,000 units Required Determine the amount of depreciation expense for Year 1 and Year 2 using each of the following methods: Answer is complete but not entirely correct. Year 1 Year 2 Straight-line $ 00 00 Double-dedining- S 00 balance Units of production 00 Purchase price Delivery cost Installation charge Estimated life Estimated units Salvage estimate $ 91,000 $ 5,000 $ 3,000 5 years 160,000 $ 3,000 a. Straight-line b. Double-declining-balance c. Units of production $ 59 69 Year 1 Year 2 19,200 $ 19,200 0 $ 0 69 $ 0 $ 0