frozen purchased a machine on january 1, 2016 at a total cost of $500000, the machine has an estimated useful life of 5 years or 900000 units of output

(3) DEPRECIATION METHODS Cryer's Frozen Goods purchased a machine on January 1, 2016, at a total cost of $500,000. The machine has an estimated useful life of 5 years or 900,000 units of output and a salvage value of $50,000 Instructions: Complete the following table by presenting the annual depreciation expense for the years 2016 and 2017, under the indicated depreciation methods. Assume actual activity in terms of units of output was: 2016-50,000 units and 201780,000 units. Annual Depreciation Expense 2016 2017 Straight-Line: (Supporting Computations) Double-Declining-Balance: (Supporting Computations)