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A machine costing $214,000 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory

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A machine costing $214,000 with a four-year life and an estimated $18,000 salvage value is installed in Luther 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: 122,100 in 1st year, 124,100 in 2nd year, 121,000 in 3rd year, 132,800 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted. (The machine must not 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 method, (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 Une Units of DDB Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under Straight-line depreciation. Stralght-Line Depreciation Year Depreciation Expense 1 2 4 Total Burn Units of Production > A machine costing $214,000 with a four-year life and an estimated $18,000 salvage value is installed in Luther 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: 122,100 in 1st year, 124,100 in 2nd year, 121,000 in 3rd year, 132,800 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted. (The machine must not 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 method. (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 udits of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under Units of production Units of Production Depreciable Depreciation Units Year per unit Depreciation Expense 1 2 3 4 Total A machine costing $214,000 with a four-year life and an estimated $18,000 salvage value is installed in Luther 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: 122,100 in 1st year, 124,100 in 2nd year, 121,000 in 3rd year, 132,800 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted. (The machine must not 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 method. (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 Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under Double-declining- balance. DDB Dopreciation for the Period End of Porlod Beginning of Year Period Book Depreciation Depreciation Accumulated Value Rate Book Value Expense Depreciation 1 % 2 % % % 3 4 (Units of Production DDD

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