On January 1, 2016, the Allegheny Corporation purchased machinery for $172,000. The estimated service life of the machinery is 10 years and the estimated residual value is $18,000. The machine is expected to produce 350,000 units during its life.

Required:

Calculate depreciation for 2016 and 2017 using each of the following methods. (Do not round intermediate calculations.)

1.	Straight line.

2.	Sum-of-the-years' digits.