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

$$30,000.$ The estimated useful life was four years, and the residual value was $$2,180.$ Assume that the estimated

productive life of the machine was $10,700$ hours. Actual annual usage was $4,280$ hours in Year $1$; $3,210$ hours in Year $2$;

$2,140$ hours in Year $3$; and $1,070$ hours in Year $4.$

Required:

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

a$.$ Straight$-$line.

b$.$ Units$-$of$-$production.

c$.$ Double$-$declining$-$balance.

Complete this question by entering your answers in the tabs below.

Complete a depreciation schedule using the straight$-$line method.