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On June 30, 2017, Austin Sound Center purchased a copy machine for $51,600. Austin Sound Center expects the machine to last for six years and to have a residual value of $3,000. Compute depreciation expense on the machine for the year ended December 31, 2017, using the straight-line method. Begin by selecting the formula to calculate the company's depreciation expense on the machine for the year ended December 31, 2017. Then enter the amounts and calculate the depreciation expense. (Abbreviation used: Acc. = accumulated. Do not round intermediary calculations. Only round the amount you input for straight-line depreciation to the nearest dollar.) Straight-line depreciation [C ]* ( - 12) = [C ]*( - 12) = A Canada Tran jet costs $36,000,000 and is expected to fly 360,000,000 miles during its 12-year life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels 48,000,000 miles the first year, how much depreciation should Canada Tran record under the units-of-production method? (Round the depreciation per unit to two decimal places.) O A. $4,800,000 B. $3,000,000 C. $6,000,000 O D. Cannot be determined from the data given