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A machine costing $211,000 with a four-year life and an estimated $15,000 salvage value is installed in Calhoon Company's factory on January 1. The factory

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A machine costing $211,000 with a four-year life and an estimated $15,000 salvage value is installed in Calhoon Company's factory on January 1. The factory manager estimates the machine will produce 490,000 units of product during its life. It actually produces the following units: year 1, 122,400; year 2, 124,000; year 3, 119,600; and year 4, 124,000. Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Do not round your intermediate calculations. Omit the "$" sign in your response.) Units of Production Double declining balance Year Straight-Line $ 49000 1 $ $ 2 49000 3 49000 4 49000 Totals $ 196000 196000 $ $

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