E9-15 Computing Depreciation and Book Value for Two Years Using Alternative Depreciation Methods and Interpreting the impact on the Fixed Asset Turnover Ratio [LO 9-3, LO 9-7] Torge Company bought a machine for $61,000 cash. The estimated useful life was five years and the estimated residual value was $7,000. Assume that the estimated useful life in productive units is 156,000. Units actually produced were 41,600 in year 1 and 46,800 in year 2 Required: 1. Determine the appropriate amounts to complete the following schedule. (Do not round intermediate calculations.) Depreciation Expense for Year 1 Year 2 Book Value at the End of Year 1 Year 2 Method of Depreciation Straight-line Units-of-production Double-declining-balance