AssumeOrganic 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 $1,840. Assume that the estimated productive life of the machine was 10,900 hours. Actual annual usage was 4,360 hours in Year 1; 3,270 hours in Year 2; 2,180 hours in Year 3; and 1,090 hours in Year 4.

Required:

1. A separate depreciation schedule for each of the alternative methods.

a. Straight-line.

b. Units-of-production.

c. Double-declining-balance.

Req 1A Req 1B Req 1C Complete a depreciation schedule using the Straight-line method. (Do not round intermediate calculations.) Year Depreciation Accumulated Net Expense Depreciation Book Value At acquisition 1 2 3 4 Complete a depreciation schedule using the units-ofproduction method. (Use two decimal places for the per unit output factor. Do not round intermediate calculations.) Req 1A Req 1B Req 1C Complete a depreciation schedule using the double-declining-balance method. (Do not round intermediate calculations.) Year Depreciation Accumulated Net Expense Depreciation Book Value At acquisition 2 4