At the beginning of the year, Palermo Brothers, Incorporated, purchased a new plastic water bottle-making machine at a cost of $48,000. The estimated residual value was $4,000. Assume that the estimated useful life was four years and the estimated productive life of the machine was 440,000 units. Actual annual production was as follows: Year Units 1 132,000 2 96,800 3 121,000 4 90,200 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Complete a depreciation schedule using the straight-line method. Year Depreciation Expense At acquisition 1 $ 11,000 2 $ 11,000 3 11,000 4 $ 11,000 Accumulated Depreciation Net Book Value At the beginning of the year, Palermo Brothers, Incorporated, purchased a new plastic water bottle-making machine at a cost of $48,000. The estimated residual value was $4,000. Assume that the estimated useful life was four years and the estimated productive life of the machine was 440,000 units. Actual annual production was as follows: Year Units 1 132,000 2 96,800 3 121,000 4 90,200 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Complete a depreciation schedule using the units-of-production method. Note: Use two decimal places for the per unit output factor. Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition 1 2 3 4 At the beginning of the year, Palermo Brothers, Incorporated, purchased a new plastic water bottle-making machine at a cost of $48,000. The estimated residual value was $4,000. Assume that the estimated useful life was four years and the estimated productive life of the machine was 440,000 units. Actual annual production was as follows: Year Units 1 132,000 2 96,800 3 121,000 4 90,200 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Complete a depreciation schedule using the double-declining-balance method. Year Depreciation Expense At acquisition 1 2 3 4 Accumulated Depreciation Net Book Value