Brief Exercise $8-4($Algo$)$ Depreciation expense using the units$-$of$-$production method LO $8-4$

points

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Clean Air Company makes and sells cloth masks. The company purchased a new automated sewing machine at the beginning of Year

$1$ for $$88,000.$ The machine is expected to have a two$-$year useful life and a $$21,800$ salvage value. The expected mask production is

estimated at $132,400$ masks. Actual mask production for the two years was as follows:

Required:

Compute the depreciation expense for each of the two years, using units$-$of$-$production depreciation.