Monette Corporation is thinking of buying a new machine that will cost $91,000. The machine's estimated useful life is seven years, while its estimated residual value is $12,000. Monette 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 Excel's DDB function to produce the following depreciation expense schedule for this machine: (Click the icon to view the depreciation expense schedule for this machine.) Collate the naratininenmo from the machina for each of the caven vaste are of its lifa einn the information mural in the overrice and the Frel Operating income Year 1 ear 2 *** ***** Data table Depreciation expense using DDB function: $ 26,000.00 Year 1 Year 2 $ 18,571.43 Year 3 $ 13,265.31 Year 4 $ 9,475.22 Print Done More info The costs of operating the new machine (not including depreciation expense) are expected to be $11,000 per year, while the machine will generate revenues of $82,000 per year. Assume that the machine is purchased and placed into service on the first day of Monette's fiscal year