1 A machine costing $207,400 with a four-year life and an estimated $17,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 476,000 units of product during its life. It actually produces the following units: 122,900 in Year 1, 123,700 in Year 2, 121,100 in Year 3, 118,300 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted. Note: The machine cannot be depreciated below its estimated salvage value. Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. Note: Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar. Complete this question by entering your answers in the tabs below. Double declining balance Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. Straight Line Year Year 1 Year 2 Year 3 Year 4 Total Units of Production Double-declining-balance Depreciation for the Beginning of Period S Book Value 207,400 103,700 51,850 25,925 Period Depreciation Rate 50 50 50 Depreciation Expense % $ % 50 % $ 103,700 51,850 25,925 12,963 194,438

A machine costing $207,400 with a four-year life and an estimated $17,000 solvage value is installed in Luther Companys factory on January t. The factory manaper estimates the machine will produce 476.000 units of product during its life. It actually produces the following units: 122,900 in Year 1, 123,700 in Year 2, 121,100 in Year 3, 118,300 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate- this difference was not predicted. Note: The machine cannot be depreciated below its estimatbd salvage value. Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. Note: Round your per unit depreclation to 2 decimal pl yces. Round your answers to the nearest whole dollar. Complete this question by entering your answers in the tabs below. Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Doubledeclining-bolance