Monette Corporation is thinking of buying a new machine that will cost $96,000. 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.) Calculate the operating income from the machine for each of the seven years of its life using the information provided in the exercise and the Excel results pictured. (Hint: Operating income = Revenues - Operating expenses - Depreciation expense.) (Enter amounts to the nearest cent, X.XX.)