Using the following table, answer the next four questions. Machine Purchase Price $80,000 $20,000 Estimated Salvage Value Estimated Useful Life 5 years 12,000 Estimated Units of Production 37. What is the depreciation on the second year using the straight-line method? a. 0 C. $12,000 b. $5,000 d. $16,000 38. What is the depreciation, using the units-of-production method in the second year, when 4,000 units are made? C. $20,000 a. b. $4,000 $10,000 $27,000 8 39. What is the depreciation in the second year using the sum-of-the-years-digits method? a. C. $16,000 $36,000 $48,000 b. d. $21,333 40. What is the depreciation using the double-declining balance method in the second year? a. $32,000 b. $11,520 C. $19,200 d. $8,800 d