Complete the following table given this information: (Do not round intermediate calculations.) Cost of machine Residual value Useful life $ 88,000 $ 3,000 5 years Estimated units machine will produce Actual production: 100,000 Year 1 Year 2 50,000 12,500 Use MACRS table. Depreciation Expense Year 1 Year 2 Method Straight line Units of production Declining balance MACRS (5-year class)