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Banko Inc, manufactures sporting goods. The following information applies to a machine purchased on January 1 Yeart: Purchase price Delivery cost Installation charge Estimated life

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Banko Inc, manufactures sporting goods. The following information applies to a machine purchased on January 1 Yeart: Purchase price Delivery cost Installation charge Estimated life Estimated units Salvage estimate $ 75,000 $ 3,000 $ 2.000 5 years 154,000 $ 3,000 17:40 During Year 1, the machine produced 50,000 units, and during Year 2 it produced 52,000 units. Required a. Determine the amount of depreciation expense for Year 1 and Year 2 using straight-line method. c. Determine the amount of depreciation expense for Year 1 and Year 2 using units of production method. ol Year 1 Year 2 ferences a Depreciation expense c. Depreciation expense 0000000L

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