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A machine costing $ 1 , 0 6 8 , 7 5 0 with a five - year useful life and a $ 1 0

A machine costing $1,068,750 with a five-year useful life and a $106,875 salvage value is installed in the factory on Jand 1. The factory manager estimates the machine will produce 28,500 units of product during its life. It actually produces the following units: 4,700 in Year 1; 5,700 in Year 2; 6,700 in Year 3; 6,700 in Year 4; and 4,700 in Year 5.
Calculate annual depreciation expense using the straight-line, units-of-production, and double-declining balance methods.
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\table[[,Straight-line,Units-of-production,\table[[Double-declining],[balance]]],[Year 1,,,],[Year 2,,,],[Year 3,,,],[Year 4,,,],[Year 5,,,],[Totals,,,]]
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