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 $ 58,000 $ 5,000 3,000 $ a. Straight-line b. Double-declining-balance C. Units of production 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 Determine the amount of depreciation expense for Year 1 and Year 2 using each of the following methods: Year 1 Year 2

Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1: During Year 1, the machine produced 46,000 units and during Year 2, it produced 48,000 units. Required Determine the amount of depreciation expense for Year 1 and Year 2 using each of the following methods