Brief Exercise 8-4 (Algo) Depreciation expense using the units-of-production method LO 8-4 9.09 points eBook Clean Air Company makes and sells cloth masks. The company purchased a new automated sewing machine at the beginning of 1 for $75,000. The machine is expected to have a two-year useful life and a $20,500 salvage value. The expected mask productio estimated at 109,000 masks. Actual print production for the two years was as follows: Year 1 60,000 Year 2 53,000 Total 113,000 Required: Compute the depreciation expense for each of the two years, using units-of-production depreciation. Year 1 Year 2 Depreciation expense