Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, 2016: S 75,000 S 3,000 s 2,000 Purchase price Delivery cost Installation charge Estimated ife Estimated units Salvage estimate 5 years 154,000 S 3,000 During 2016, the machine produced 50,000 units and during 2017, it produced 52,000 units Required: a. Determine the amount of depreciation expense for 2016 and 2017 using straight-line method b. Determine the amount of depreciation expense for 2016 and 2017 using double-declining-balance method. 20162017 Depreciation expense c. Determine the amount of depreciation expense for 2016 and 2017 using units of production method 2016 2017 Depreciation expense 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: Year 7-Year Year property% 14.29 24 49 17 49 12 49 8 93 8 92 8 93 4.46 property.% 20 00 3200 11.52 11 52 5 76 2016 Cepre: ation expense