On January 1, 2018, Hobart Mfg. Co. purchased a drill press at a cost of $29,000. The drill press is expected to last 10 years and has a residual value of $5,000. During its 10-year life, the equipment is expected to produce 500,000 units of product. In 2018 and 2019, 20,000 and 74,000 units, respectively, were produced. Required: Compute depreciation for 2018 and 2019 and the book value of the drill press at December 31, 2018 and 2019, assuming the double- declining-balance method is used. 2018 2019 Depreciation Book Values Required: Compute depreciation for 2018 and 2019 and the book value of the drill press at December 31, 2018 and 2019, assuming the sum-of- the-years -digits method is used. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) 2019 Depreciation Book Values Required: Compute depreciation for 2018 and 2019 and the book value of the drill press at December 31, 2018 and 2019, assuming the units-of- production method is used. (Round depreciation per unit to 2 decimal places.) 2018 2019 Depreciation Book Values