Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1 Year 1 Purchase price Delivery cost Installation charge Estimated life Estimated units Salvage estimate $ 55,00 $ 4,000 $ 2,000 5 years 142,eee $ 5,000 During Year 1, the machine produced 38,000 units, and during Year 2 it produced 40,000 units Required .. Determine the amount of depreciation expense for Year 1 and Year 2 using straight-line method. b. Determine the amount of depreciation expense for Year 1 and Year 2 using double declining-balance method. c. Determine the amount of depreciation expense for Year 1 and Year 2 using units of production method d. Determine the amount of depreciation expense for Year 1 and Year 2 using MACRS, assuming that the machine is classified as seven-year property (Round your answers to the nearest dollar amount) MACRS table 5-Year Year property. 1 20.00 2 32.00 3 19.20 11.52 5 11.52 5.76 7 8 7-Year property, 14.29 24.49 17.49 12.49 8.93 8.92 8.93 4.46 Year 1 Year 2 | Depreciation expense Depreciation expense Depreciation expense Depreciation expense d