A machine that produces cellphone components is purchased on January 1,2024 for $147,000. It is expected to have a useful life of four years and a residual value of $12,000. 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: Straight -line method Straight -line method depreciation $ ____per year Units of production method Units of production method depreciation $ ____per unit Year Depreciation expense 2024 $_______ 2025 $_______ 2026 $_________ 2027 $________

Double diminishing balance method Rate _____% Year Depreciation expense 2024 $_____ 2025 $_____ 2026 $____ 2027 $_____