On January 3,2016,the Soloman Toy Company Purchased a Machine for $24,000.The

On January 3,2016,the Soloman Toy Company purchased a machine for $24,000.The machine is expected to produce 200,000 units during its useful life of five years and have a salvage value of $2,000 at the end of that period.The machine produced 41,000 units in 2016,38,000 units in 2017,and 40,000 units in 2018.Prepare a schedule showing the annual depreciation for 2016,2017,and 2018 under the straight-line method and the units-of-output method.