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A machine costing $ 2 1 7 , 0 0 0 with a four - year life and an estimated $ 1 9 , 0

A machine costing $217,000 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's factory or January 1. The factory manager estimates the machine will produce 495,000 units of product during its life. It actually produces the following units: 121,700 in Year 1,123,800 in Year 2,121,000 in Year 3,138,500 in Year 4. The total number of units produced by the of Year 4 exceeds the original estimate-this difference was not predicted. Note: The machine cannot be depreciated below its estimated salvage value.
Required:
Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation methoc Note: Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.
Complete this question by entering your answers in the tabs below.
Straight Line
Units of
Double
Straight Line Production declining
Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production.
\table[[Units of Production],[Year,Units,\table[[Depreciable],[Units]],\table[[Depreciation],[per unit]],\table[[Depreciation],[Expense]],],[Year 1,121,700,,,,],[Year 2,123,800,,,,],[Year 3,121,000,,,,],[Year 4,138,500,,,$,],[Total,,,,,]]
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