ACT201: Home Work Exercise for Chapter 10--Depreciation Methods GIVEN: The Springer Company purchased a fabricating machine on January 1, 2019 at a net cost of $100,000. At the end of its four-year useful life, the company estimates that the machine will be worth $10,000. The company also estimates that the machine will run for 30,000 hours during its four-year life. The company's fiscal year ends on December 31. REQUIRED: Prepare the Depreciation Schedule for 2019 to 2022 each of the following methods. A. Straight line method; B. Double declining balance; C. Units-of-Activity (using machine hours): Use the following schedule: Year M-hours 2019 8,000 2020 9,000 2021 7.000 2022 7,000