Mister Macchiato purchased a coffee drink machine on January 1, 2016, for S40,000. Expected useful life is 10 years or 70,000 drinks. In 2016, 10,000 drinks were sold, and in 2017, 12,000 drinks were sold. Residual value is S5,000. Read the requirements. Requirement 1. Determine the depreciation expense for 2016 and 2017 using the following methods: (a) Straight-line (SL), (b) Units of production (UOP), and (c) Double-declining-balance (DDB) For each method (starting with (a) the straight-line method), select the appropriate formula needed to compute annual depreciation and then determine depreciation expense under that method for 2016 and 2017. (Round any depreciation expense per unit amounts to the nearest cent and all other amounts to the nearest whole dollar.) Annual Depreciation Formula 2016 2017 a. SL