A machine costing $214,600 with a four-year life and an estimated $17,000 salvage value is installed...

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A machine costing $214,600 with a four-year life and an estimated $17,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 494,000 units of product during its life. It actually produces the following units: 122,300 in Year 1, 124,000 in Year 2, 119,800 in Year 3, 137,900 in Year 4. The total number of units produced by the end 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 method. Note: Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar. Straight Line Units of Production Double declining balance Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. Units of Production Depreciable Depreciation Depreciation Year Units Units per unit Expense Year 122,300 122,300 $ 0.40 $ 48,920 1 Year 124,000 124,000 0.40 49,400 2 Year 119,800 119,800 S 0.40 48,920 3 Year 137,900 0.40 48,920 4 Total 366,100 $ 196,160 Straight Line Units of Production Double declining balance Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. Double-declining-balance Depreciation for the End of Period Period Beginning Depreciation Depreciation Accumulated Year of Period Book Value Book Value Rate Expense Depreciation Year 1 % 0 Year 2 % 0 Year 3 % 0 Year 4 % 0 Total $ 0 A machine costing $214,600 with a four-year life and an estimated $17,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 494,000 units of product during its life. It actually produces the following units: 122,300 in Year 1, 124,000 in Year 2, 119,800 in Year 3, 137,900 in Year 4. The total number of units produced by the end 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 method. Note: Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar. Straight Line Units of Production Double declining balance Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. Units of Production Depreciable Depreciation Depreciation Year Units Units per unit Expense Year 122,300 122,300 $ 0.40 $ 48,920 1 Year 124,000 124,000 0.40 49,400 2 Year 119,800 119,800 S 0.40 48,920 3 Year 137,900 0.40 48,920 4 Total 366,100 $ 196,160 Straight Line Units of Production Double declining balance Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. Double-declining-balance Depreciation for the End of Period Period Beginning Depreciation Depreciation Accumulated Year of Period Book Value Book Value Rate Expense Depreciation Year 1 % 0 Year 2 % 0 Year 3 % 0 Year 4 % 0 Total $ 0