The WHOSEY Company purchased a machine on 1/1/07 for $180,000. The economic life of the Asset is 5 year. The salvage value is $50,000. The economic life in terms of output is 65,000 unit. In years 2007, 2008, 2009, 2010, 2011, production was 15,000, 30,000, 25,000, 5,000 and 3,000