Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1: Purchase price Delivery cost $ 58,000 $ 5,000 Installation charge. Estimated life Estimated units Salvage estimate $ 3,000 5 years 150,000 6,000 During Year 1, the machine produced 46,000 units, and during Year 2 it produced 48,000 units. Required a. 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: Year 5-Year property, 7-Year property,% 1 20.00 14.29 2 32.00 24.49 3 19.20 17.49 4 11.52 12.49 5 11.52 8.93 6 5.76 8.92 8.93 4.46 a. Depreciation expense b. Depreciation expense C. Depreciation expense d. Depreciation expense Year 1 Year 2