Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $28,000. The estimated useful life was four years, and the residual value was $2,080. Assume that the estimated productive life of the machine was 10,800 hours. Actual annual usage was 4,320 hours in Year 1; 3,240 hours in Year 2; 2,160 hours in Year 3; and 1,080 hours in Year 4.

Required:

1. Complete a separate depreciation schedule for each of the alternative methods.

a. Straight-line.

b. Units-of-production.

c. Double-declining-balance.