IV. Plant, Property & Equipment (LLS 8) Lannister Inc. purchased a machine at the beginning of 2019 for $120,000. Lannister Inc. incurred $2,000 in installation charges. Cersei, the President of Lannister Inc., estimates that the machine will last 6 years or can be used to produce 30,000 units of production. Cersei expects the residual value to be $5,000. 2019 2020 S/L Usage DDB 3 pts 3 pts 4 pts Required: In 2019 and 2020, Lannister Inc. produced 8,000 units and 5,500 units, respectively. Determine the depreciation expense for 2019 and 2020, assuming (a) the Straight Line Method; (b) the Usage Method; and, (c) Double Declining Method. Be sure to show your work