Factor Company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at a $515,000 cost with an expected four-year life and a $19,000 salvage value. All sales are for cash, and all costs are out-of-pocket, except for depreciation on the new machine. Additional information includes the followin appropriate factor(s) from the tables provided.) $1,940,000 Expected annual sales of new product Expected annual costs of new product 480,000 Direct materials Direct labor 671,000 overhead (excluding straight-line depreciation on new machine) 337,000 Selling and administrative expenses 172,000 36% Income taxes Required: 1. Compute straight-line depreciation for each year of this new machine's life Straight-line depreciation