Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1,2016: S 78,500 $ 2,000 $ 1,000 Purchase price Delivery cost Installation charge Estimated life Estimated units Salvage estimate 5 years 159,000 $2,000 During 2016, the machine produced 55,000 units and during 2017, it produced 57,000 units Required a. Determine the amount of depreciation expense for 2016 and 2017 using straight-line method. 2016 2017 Depreciation expense b. Determine the amount of depreciation expense for 2016 and 2017 using double-declining-baland method. 20162017 c. Determine the amount of depreciation expense for 2018 and 2017 using units of production method. d. Determine the amount of depreciation expense for 2016 and 2017 using MACRS, assuming that the machine is classified as seven-year property. (Round your answers to the nearest dollar amount.) MACRS table: MacBook Pro esc F1 F2 F3 F5