22. Depreciation Calculations (20 marks) A machine that cost $100,000, has an estimated useful life of four years and an estimated residual value of $10,000 at the end of that time. It is expected that the machine can produce 200,000 widgets during its useful life. The Newton Company purchased this machine on January 1,2022, and used it for exactly four years. During these years the annual production of widgets was 40,000 , 55,000,60,000, and 50,000 units, respectively. Required: 1. Calculate the depreciation expense for each of the four years using 1. Straight-line 2. Units-of-Production 3. Double-Declining-Balance Show all calculations. Either complete the tables shown below or create your response in Word or Excel and upload the file for marking. 1 Depreciation Methods