fleet Sports purchased manufacturing equipment with a cost of $60,000 at the beginning of 2016. Transportation costs to get the machine ready for use were $5,000. The equipment has an estimated life of 5 years or 1,000,000 shoes (units of product). The estimated residual value is $10,000. During 2016, 2017, and 2018. A total of 400k,250k, and 200k shoes were produced with this machinery. Determine the following: a) What is depreciation expense for 2017 using units-of-production depreciation? b) What journal entry is needed at the end of 2018 to record depreciation expense using straight-line depreciation? c) What is the book value of the copy machine at the end of 2018 using straight-line depreciation? d) Prepare a depreciation table using the double-declining balance depreciation e) What is the depreciation expense per unit of production using the units-of-production depreciation? f) What journal entry is needed at the end of 2018 to record depreciation expense using units-of-production depreciation?