Blossom Computer Company sold two pieces of equipment in 2028. The following information pertains to the two pieces of equipment: Machine Cost Purchase Date Useful Life Salvage Value Depreciation Method #1 $68,800 7/1/24 5 yrs. $4,800 Straight-line #2 $76,000 1/1/27 5 yrs. $4,000 Sales Date Sold Price 7/1/28 $16.000 Double-declining-balance 12/31/28 $29,600 Compute the depreciation on each piece of equipment to the date of disposal. Machine #1 Year Annual Depreciation Accumulated Depreciation 2024 $ 2025 2026 2027 2028 Machine #2 Year Annual Depreciation Accumulated Depreciation 2027 $ 2028