At the beginning of 2016, your company buys a $30,000 piece of equipment that it expects to use for 3 years. The company expects to produce a total of 150,000 units. The equipment has an estimated residual value of $3,000. Fill out the following depreciation schedule under the straight-line method.

Inc. Statement Balance Sheet

Year Ended	Computation	Depreciation Expense	Cost	Accumulated Depreciation	Book Value
12/31/16
12/31/17
12/31/18

Fill out the following depreciation schedule under the units-of-production method if 44,000 units are produced in 2016, 54,000 units in 2017, and 52,000 units in 2018.

Inc. Statement Balance Sheet

Year Ended	Computation	Depreciation Expense	Cost	Accumulated Depreciation	Book Value
12/31/16
12/31/17
12/31/18

Fill out the following depreciation schedule under the double-declining balance method.

Inc. Statement Balance Sheet

Year Ended	Computation	Depreciation Expense	Cost	Accumulated Depreciation	Book Value
12/31/16
12/31/17
12/31/18

At the beginning of 2016, your company buys a $30,000 piece of equipment that it expects to use for 3 years. The company expects to produce a total of 150,000 units. The equipment has an estimated residual value of $3,000. Fill out the following depreciation schedule under the straight-line method.

Inc. Statement Balance Sheet

Year Ended	Computation	Depreciation Expense	Cost	Accumulated Depreciation	Book Value
12/31/16
12/31/17
12/31/18

Fill out the following depreciation schedule under the units-of-production method if 44,000 units are produced in 2016, 54,000 units in 2017, and 52,000 units in 2018.

Inc. Statement Balance Sheet

Year Ended	Computation	Depreciation Expense	Cost	Accumulated Depreciation	Book Value
12/31/16
12/31/17
12/31/18

Fill out the following depreciation schedule under the double-declining balance method.

Inc. Statement Balance Sheet

Year Ended	Computation	Depreciation Expense	Cost	Accumulated Depreciation	Book Value
12/31/16
12/31/17
12/31/18