[The following information applies to the questions displayed below) On April 30, 2017. Tilton Products purchased machinery for $88,000. The useful le of this machinery is estimated at 8 years, with an $8,000 residual value Assume that in its financial statements, Tjiton Products uses the 150%-declining balance method and the half-year convention. Depreciation expense in 2017 and 2 will be