Estimated units Banko Incorporated manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1. Purchase price Delivery cost Installation charge Estimated life $70,500 $8,000 $2,000 5 years 151,000 Salvage estimate $5,000 During Year 1, the machine produced 47,000 units, and during Year 2 it produced 49,000 units. Required a. Determine the amount of depreciation expense for Year 1 and Year 2 using straight-line method. b. Determine the amount of depreciation expense for Year 1 and Year 2 using double-declining-balance method. c. Determine the amount of depreciation expense for Year 1 and Year 2 using units of production method. d. Determine the amount of depreciation expense for Year 1 and Year 2 using MACRS, assuming that the machine is classified as seven-year property. (Round your answers to the nearest dollar amount.) MACRS table: 5-Year Year 12445 7-Year property,X property.% 20.00 14.29 32.00 24.49 19.20 17.49 11.52 12.49 11.52 8.93