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A machine that cost $442,200, with a four-year life and an estimated $42,000 residual value, was installed in Holey Company's factory on September 1, 2020.

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A machine that cost $442,200, with a four-year life and an estimated $42,000 residual value, was installed in Holey Company's factory on September 1, 2020. The factory manager estimated that the machine would produce 460,000 units of product during its life. It actually produced the following units: 2020, 20,700, 2021,128,200, 2022, 115,200, 2023,108,000 and 2024 97200 The company's year-end is December 31 Required: Show the depreciation for each year and the total depreciation for the machine under each depreciation method calculated to the nearest whole month (Do not round Intermediate calculations. Round the final answers to the nearest whole dollar) Year Straight line Units of production Double Declining Balance 2020 2021 2022 2023 2024 Totals S 0 $ 0 $

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