G On June 6, Powell Company purchased equipment costing $10,600. The equipment has an estimated salvage value of $1,280 and an estimated useful life of 11 years. Powell estimates that over its useful life, the equipment will be used to produce 9,320 units. In the first year, 741 units were produced. In the second year, 1,037 units were produced. Required: Compute the depreciation expense for the first two years using the units-of-production method. Year 1 depreciation expense: Year 2 depreciation expense: 50 $0