Question 4 Oct 1, 2017 purchase A machine costing $30,000 with a five year ife and salvage value $2,000. The manager estimates the machine will prodcue 1,000 units of products during its useful life. It actually produces the following units 300 units in Year 1, 2,000 units in Year 2, 3,000 units in Year 3, 2,700 in Year 4, 1,200 Year 5, and 800 in Year 6. Compute the Depreciation Expense for three different methods: (Hint: Check the Purchase DATE III) Straight line method Depreciation Schedule What is the Je to record Depreciation Expense at Dec 31, 2017 based on Straightline Date method Account Title Debit Credit Year What is the Je to record Depreciation Expense at Dec 31, 2018 Account Title Date Debit Credit Unit of Production Method Year Total Double Declining Method Depreciation Schedule Year What is the Machine Book Value at the end of year 1 using Straigthline Method? what is the Machine Book Value at the end of Year 2 using Straigthline Method