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 $16,000. The estimated useful life was four years, and the residual value was $1,600. Assume that the estimated productive life of the machine was 9,600 hours. Actual annual usage was 3,840 hours in Year 1; 2,880 hours in Year 2; 1,920 hours in Year 3; and 960 hours in Year 4.

Required:

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

1. Straight-line.
2. Units-of-production.
3. Double-declining-balance.

• Req 1A
• Req 1B
• Req 1C

1A: Complete a depreciation schedule using the straight-line method.

Year	Depreciation Expense	Accumulated Depreciation	Net Book Value
At acquisition			$
1	$3,600	$3,600	$
2	$3,600	$7,200	$
3	$3,600	$10,800	$
4	$3,600	$14,400	$

• 1B: Complete a depreciation schedule using the units-of-production method.

Note: Use two decimal places for the per unit output factor. Do not round intermediate calculations.

Year	Depreciation Expense	Accumulated Depreciation	Net Book Value
At acquisition			$
1	$	$	$
2	$	$	$
3	$	$	$
4	$	$	$

1C: Complete a depreciation schedule using the double-declining-balance method.

Year	Depreciation Expense	Accumulated Depreciation	Net Book Value
At acquisition			$
1	$	$	$
2	$	$	$
3	$	$	$
4	$	$	$