On January 1, 2016, Canseco Plumbing Fixtures purchased equipment for $66,000. Residual value at the end of an estimated four-year service life is expected to be $6,000. The company expects the machine to operate for 15,000 hours. The machine operated for 4,000 and 4,800 hours in 2016 and 2017, respectively. a. Calculate depreciation expense for 2016 and 2017 using straight line method. Straight Line Depreciation Annual Depreciation Choose Numerator Choose Denominator Expense Depreciation Expense Depreciation Expense 2016 2017 b. Calculate depreciation expense for 2016 and 2017 using sum-of-the-years'-digits method. Sum-of-the-years' digits depreciation Depreciable Rate per Depreciation Base Year Expense 2016 2017