Factor Company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at a $491,000 cost with an expected four-year life and a $15,000 salvage value. All sales are for cash, and all costs are out-of-pocket, except for depreciation on the new machine. Additional information includes the followin appropriate factor(s) from the tables provided.) $1,860,000 Expected annual sales of new product Expected annual costs of new product 450,000 Direct materials 675,000 Direct labor overhead (excluding straight-line depreciation on new machine) 338,000 147,000 Selling and administrative expenses Income taxes 40% Required: 1. Compute straight-line depreciation for each year of this new machine's life Straight-line depreciation