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Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY , bought a new ice cream production kit ( pasteurizer / homogenizer , cooler, aging vat,

Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY, 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 $26,000. The estimated useful life was four years, and the residual value was $2,900. Assume that the estimated productive life of the machine was 10,500 hours. Actual annual usage was 4,200 hours in Year 1; 3,150 hours in Year 2; 2,100 hours in Year 3; and 1,050 hours in Year 4.
Required:
1. Complete a separate depreciation schedule for each of the alternative methods.
Straight-line.
Units-of-production.
Double-declining-balance.

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