2) Shimon purchased a packing line which will be used to pack its products to sell to the masses. The line cost $70,000. Shimon had to pay $5,000 to have it shipped and had to hire a crew and pay them $20,000 to professionally install the packing line and run tests to make sure it works properly, which required the purchase of $5,000 of product and tools. The line was ready for use on April 1, Year 4. During Year 5, a $3,000 supply of lubricating oil and a $47,000 supply of plastic and cardboard were purchased for use during the years of operation of the packing line. Shimon planned to use the equipment for 4 years after which time the packing line would be sold for $20,000. For depreciation of the packing line, Shimon uses the sum-of-the-years-digits method. Journalize the purchase of the machine and its first 2 years' depreciation. 1 points) Also, fill in the blanks shown below. 16 points) CREDIT Show the calculation to determine Purchase 1/1/Y4 the sum of the years' digits. DE BIT Dep. Year 4 Show the calculation of the cost of the packing line. How much id accumulated depreciation end of Year 5? Dep. Year 5