#26

Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $21,500. Its estimated residual value was $6.500 at the end of an estimated 5-year life. The company expects to produce a total of 10,000 units. The company produced 850 units in 2018 and 1300 units in 2019. Required: o. Calculate depreciation expense for 2018 and 2019 using the straight-line method b. Calculate the depreciation expense for 2018 and 2019 using the units of production method. c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. Complete this question by entering your answers in the tabs below. Required A Required Required c Calculate depreciation expense for 2018 and 2019 using the straight-line method. 2018 2019 Depreciation Expense Per Year ROTA Required 3 > Required: a. Calculate depreciation expense for 2018 and 2019 using the straight-line method b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. Complete this question by entering your answers in the tabs below. Required A Required B Required Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar) 2010 2019 Depreciation Expense Required: e. Calculate depreciation expense for 2018 and 2019 using the straight-line method b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method, Complete this question by entering your answers in the tabs below. Required A Required Required Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. (Round your final answers to nearest whole dollar) 2018 2020 2022 Depreciation Expense 2019 2021