On January 1, 2021, The Fio Corporation purchased a machine for $525,000. The corporation estimated a 8year useful life (or 250,000 units of useful life) and $25,000 residual/salvage value. 40,000 Units were produced in 2021. 6 points: Complete the following table using the indicated depreciation method and year for each row of the table. Depreciation expense Method Accumulated depreciation Book value Straight-line for 2021 Double-declining balance 2021 Double-declining balance 2022 Units-of-production 2021 4 points: What would the journal entry be if the straight-line method was used and the machine was sold on 12/31/2021 for $425,000