A machine costing $450,000 with a 4-year life and an estimated salvage value of $30,000 is installed by Peters Company on January 1.The company estimates the machine will produce 1,050,000 units of product during its life.It actually produces the following units for the first 2 years: Year 1,260,000;Year 2,275,000.Enter the depreciation amounts for years 1 and 2 in the table below for each depreciation method.Show calculation of amounts below the table. 
Definitions:
International Agreements
Formal accords between two or more countries that govern their mutual relations and obligations, often involving trade, peace, and cooperative efforts.
Copyright Act
Legislation governing the protection of original works of authorship against unauthorized copying, distribution, and usage, maintaining creators' rights.
Tort Action
A legal claim arising from a civil wrong that causes harm or loss, leading to legal liability for the person who commits the tortious act.
Breach of Contract
The failure to fulfill the terms of a contract by one of the parties involved, leading to potential legal consequences.
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