Alladin Company purchased Machine #201 on May 1, 2022 The following information relating to Machine #201 was gathered at the end of May

Price $2,586,000

Freight-in costs $96,000

Prep and installation costs $78,900

Labor costs during regular production operations $5,054,100

Alladin intends to use the machine only 12 years, however after expects to be able to sell for 27,900 The invoice for Machine #201 was paid May 12022. Alladin uses the calendar year as the basis for the preparation of financial statements.

Instructions:

(1) Compute the depreciation expense for the years indicated using the straight -line method for 2022 (Round to the nearest dollar)

(2) Compute the depreciation expense for the years indicated using the sum-ofyears-digits method for 2023 (Round to the nearest dollar) 9 1 2 3

(3) Compute the depreciation expense for the years indicated using the double-declining balance method for 2022 and 2023 (Round to the nearest dollar) 36