Question 8 (1 point) Saved The Company purchased a machine on January 1st for $693,922. The machine has an expected useful life of 8 years and an expected salvage value of $94,153. The company expects to produce 3,601 units in the first year of use and 8,469 over the life of the machine. Please calculate the depreciation expense that the company will record in the first year using the units-of-production method of depreciation. Your Answer: 49.69 Answer Question 9 (1 point) The Company purchased a machine on January 1st for $859,401. The machine has an expected useful life of 9 years and an expected salvage value of $31,915. The company expects to produce 2,555 units in the first year of use and 9,356 over the life of the machine. Please calculate the depreciation expense that the company will record in the first year using the double-declining-balance method of depreciation. Your