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 a. b. During Year 1, the machine produced 45,000 units and during Year 2, it produced 47,000 units. Required Determine the amount of depreciation expense for Year 1 and Year 2 using each of the following methods: C. $ 70,500 $ 6,000 $ 1,000 Straight-line Double-declining- 5 years balance Units of production 149,000 $ 3,000 Answer is complete but not entirely correct. Year 1 Year 2 $ 13,500 $ 13,500 $ 28,200 $ $ 20,250 X $ 20,280 X 21,150 X

Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1 During Year 1, the machine produced 45,000 units and during Year 2 , it produced 47,000 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