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Banko incorporated manufactures sporting goods. The following information applies to a machine purchased on January 1 , Year 1 : During Year 1 , the

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Banko incorporated manufactures sporting goods. The following information applies to a machine purchased on January 1 , Year 1 : During Year 1 , the machine produced 49,000 units, and during Year 2 it produced 51,000 units. During Year 1, the machine produced 49,000 units, and during Year 2 it produced 51,000 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-dechining-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 classined as seven-year property. Note: Round your answers to the nearest dollar amount. MACRS table

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