Mateo Corporation is thinking of buying a new machine that will cost $96,000. The machine's estimated useful life is seven years, while its estimatod residual value is $10,000. Mateo uses the double-declining balance method for calculating depreciation on its machinery and equipment. (Click the icon to view the additional information.) The controller uses Excors DDB function to produce the following depreclation expense schedule for this machine: (Click the icon to view the depreciation expense schedule for this machine.) Calculate the operating income from the machine foc each of the seven years of its life using the information provided in the excrclse and the Exceil results pictured. (Hint: Operafing income = Revenues - Operating expenses - Depreciation expenso.) (Enter amounts to the nearest cent, ) Data table More info The costs if operating the new machine (net incluaing depreciaton expense) aru mpecied to be $14,000 per year, white the machine will generate revenues of 564.000 per year. Assume that the machene is purchased and placed inte service on then fisst day cl Mated's fiscal year. More info The costs of operating the new machine (not including depreciation expense) are expected to be $14,000 per year, while the machine will generate revenues of $84,000 per year. Assume that the machine is purchased and placed into service on the first day of Mateo's fiscal year. Data table