At the beginning of the year, Palermo Brothers, Incorporated, purchased a new plastic water bottle$-$making machine at a cost of $$56,000.$ The estimated residual value was $$6,000.$ Assume that the estimated useful life was four years and the estimated productive life of the machine was $500,000$ units. Actual annual production was as follows:

$\backslash$table$[[$Year Units,$],[1,150,000],[2,110,000],[3,137,500],[4,102,500]]$

Requlred:

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 $1$B

Req $1C$

Complete a depreciation schedule using the double$-$declining$-$balance method.

$\backslash$table$[[$Year$,\backslash$table$[[$Depreciation$],[$Expense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],\backslash$table$[[$Net$],[$Book Value$]]],[$At acquisition,,,$],[1,,,],[2,,,],[3,,,],[4,,,]]$