Redstorm Company purchased a new machine on January 1, 20X1, at a cost of $150,000. The machine is expected to have an eight-year life $15,000 salvage value. The and a machine is expected to produce 675.000 finished products during its eight-year life Production during 20X1 was 70,000 units and during 20X2 110,000 units Required: Determine the amount of depreciation expense to be recorded on the machine for the years 20X1 and 20X2 under each of the following methods: 20X1 20X2. Straight-line _______ ______ Units of production method ______ _____ Double-declining-balance ______ _____