Units-of-Production Method ? machine is purchased January 1 at a cost of $59,000 It is expected to produce 130 000 units and have a savage value of $300 Units produced are as follows: at the end of ts use i life. fe Year 1 10,000 Year 2 8,000 Year 3 12,000 Year 4 16,000 Year 5 11,000 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 Year ning Book Value Annual Depreciation Ending Book Value