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CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 1 Partially correct Mark 1.22 out of 7.00 Flag question Depreciation Methods On January 2, 2015, Roth, Inc. purchased a laser cutting machine to be used in the fabrication of a part for one of its key products. The machine cost $120,000, and its estimated useful life was four years or 1,150,000 cuttings, after which it could be sold for $5,000. Required a. Calculate each year's depreciation expense for the machine's useful life under each of the following depreciation methods (round all answers to the nearest dollar): 1. Straight-line. 2. Double-declining balance. 3. Units-of-production. (Assume annual production in cuttings of 280,000; 430,000; 360,000; and 80,000.) 1. Straight-Line Depreciation Expense Year 2015 28,750 2016 28,750 28,750 V 28,750 Y 2017 2018 Depreciation Expense Year 2015$ 2016 2017 2018 2019 3. Units of Production Depreciation YearExpense 2015 2016 2017 2018 b. Assume that the machine was purchased on July 1, 2015. Calculate each year's depreciation expense for the machine's useful life under each of the following depreciation methods: 1. Straight-line. 2. Double-declining balance. b. Assume that the machine was pureased on ry - coac eoc'.. for the machine's useful life under each of the following depreciation methods: 111 2nd 1. Straight-line. 2. Double-declining balance. 1. Straight-Line Year Expense 015 2016 2017 o x 2018 2019 2. Double-declining balance (Round answers to the nearest whole number, when appropriate.) Depreciation Expense Year 2015 2016 2017 2018