E9-7 (Algo) Computing and Recording Units-of-Production Depreciation [LO 9-3] Yarzie Incoiporated bought a machine at the beginning of the year at a cost of $34,000. The estimated useful life was five years and the residual value was $2,000. Assume the estimated productive life of the machine is 16,000 units. Expected annual production was year 1, 3,200 units; year 2, 4,200 units, year 3,3,200 units; year 4.3,200 units; and year 5,2,200 units; Required: 1. Complete a depreciation schedule for the units-of-production method. 2. Prepare the journal entry to record Year 2 depreciation. Complete a depreciation schedule for the units of production method, (Do not rocind internediate calculatians, Found fina! answers to the nearest whole dollars.) Prepare the fournal entry to record Year 2 depreciation. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account fleld.) Note: Enker debits before credits