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A machine costing $ 2 1 4 , 8 0 0 with a four - year life and an estimated $ 1 8 , 0

A machine costing $214,800 with a four-year life and an estimated $18,000 salvage value is installed in Luther Companys factory on January 1. The factory manager estimates the machine will produce 492,000 units of product during its life. It actually produces the following units: 121,700 in Year 1,122,800 in Year 2,120,700 in Year 3,136,800 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimatethis difference was not predicted. Note: The machine cannot be depreciated below its estimated salvage value. 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 Straight-line
depreciation. 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 Units of
production. Complete this question by entering your answers in the tabs below.
Required:
Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method.
Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation.
Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production.
Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double-declining-balance.
Note: Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.
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