At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottle making machine at a cost of $62,000. The estimated residual value was $7,000 Assume that the estimated useful life was four years, and the estimated productive life of the machine was 550,000 units. Actual annual production was as follows: Year Units 1 165,000 2 121,000 3 151,250 4 112,750 Required 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. Year Expense Depreciation Book Value At acquisition b. Units-of-production Year Expense Depreciation Book Value At acquisition c. Double-declining-balance. Year Expense Depreciation Book Value At acquisition