Question 2 (6 points) Dersch Co. purchased a machine on January 1, 2018, for $1,300,000. The machine's life was estimated at 5 years or 50,000 hours with a residual value of $150,000. During the first two years of the machine's life it was used for 15,000 then 14,000 hours. Using the table below, calculate the annual depreciation expense for 2018 and 2019. Show all work in the template previously provided. Journal entries are NOT required. Upload the completed template file below. 2018 2019 Year Straight Line Units of Production - Declining Balance