A machine that produces cellphone components is purchased on January 1, 2024, for $137,000. It is expected to have a useful life of four years and a residual value of $11,000. The machine is expected to produce a total of 200,000 components during its life, distributed as follows: 40,000 in 2024, 50,000 in 2025, 60,000 in 2026, and 50,000 in 2027. The company has a December 31 year end. (a) Calculate the amount of depreciation to be charged each year, using each of the following methods: i. Straight-line method Straight-line method depreciation $ per year ii. Units-of-production method (Round depreciation per unit to 3 decimal places, e.g. 15.257 and depreciation expense to O decimal places, e.g. 125.) Units-of-production method depreciation $ per unit Year Depreciation ExpenseUnits-of-production method depreciation $ per unit Year 2024 Depreciation Expense $ 2025 $ 2026 $ 2027 $ iii. Double-diminishing-balance method Rate % Year 2024 $

Rate % Year Depreciation Expense 2024 2025 2026 $ 2027 $ $ $