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At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottle-making machine at a cost of $76,000. The estimated residual value

At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottle-making machine at a cost of $76,000. The estimated residual value was $9,000. Assume that the estimated useful life was four years and the estimated productive life of the machine was 670,000 units. Actual annual production was as follows:

Year Units
1 201,000
2 147,400
3 184,250
4 137,350

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

a. Straight-line.

b. Units-of-production.

c. Double-declining-balance.

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