Question: Units-of-Production Method A machine is purchased January 1 at a cost of $56,290. It is expected to produce 129,000 units and have a salvage value of $3,400 at the end of its useful life. Units produced are as follows: Year 1 10,400 Year 2 8,000 Year 3 11,300 Year 4 15,700 Year 5 11,300 Required: Prepare a schedule showing depreciation for each year and the book value at the end of each year using the units-of-production method (round calculations to two decimal places). Units-of-Production Method Beginning Book Value Annual Depreciation Ending Book Value year 1S$$ year 2 $ $ s year 3 $ $ $ year 4 $ $$