Preblem 1. Calculating Depreciation. 12.5 points. On April 1, 2017, SAS Corporation purchased and placed into service a plant asset (paint machine). The ollowing information is available regarding the plant asset: Acquisition Cost Estimated Salvage Value Estimated Useful Life Estimated Useful Life $130,000 S15,000 5 years 10,000 units equired: In 2017, SAS Corporation mixed 1.400 cans off paint and in 2018 the company mixed 2,400 ans of paint. Make the necessary jourmal entries at December 31, 2017 and December 31, 2018 to record preciation for each year under the following depreciation methods: Straight-line Double-declining balance Units of Production 1. 13000 2. 3. Credit Debit P. R. Account Titles and Explanation Date Pec 3 Bad debt expense Alloesae for daubA QCVA LAllownce for caabts) cct Accovnt Beceiveko Accocn's Recoivable Allewace foxdoubfal ad ash