Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $24,500. Its estimated residual value was $7,500 at the end of an estimated 5-year life. The company expects to produce a total of 10,000 units. The company produced 950 units in 2018 and 1,400 units in 2019 Requirec points a. Calculate depreciation expense for 2018 and 2019 using the straight-line method. b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production methood 22545c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. Complete this question by entering your answers in the tabs below. Required ARequired B Required C Calculate depreciation expense for 2018 and 2019 using the straight-line method 2018 2019 Depreciation Expense Per Year3,400 3,400 Required A Required B Complete this question by entering your answers in the tabs below. Required A Required B E Required C Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar.) 2019 2018 Depreciation Expense$ 1,615 $ 2,380 K Required A Required C >