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A new machine costing $ 5 4 , 0 0 0 cash and estimated to have a $ 9 , 0 0 0 salvage value

A new machine costing $54,000 cash and estimated to have a $9,000 salvage value was purchased on January 1. The machine is expected to produce 3,000 units of product during its 5-year useful life. Calculate depreciation expense in the first year under the following independent situations.
1. The company uses the units-of-production method and the machine produces 450 units of product during its first year.
2. The company uses the double-declining-balance method.
3. The company uses the straight-line method.

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