At the beginning of the year, Palermo Brothers, Incorporated, purchased a new plastic water bottle-making machine at a cost of $66,000. The estimated residual value was $6,000. Assume that the estimated useful life was four years and the estimated productive ife of the machine was 600,000 units. Actual annual production was as follows: Year Units 1 180,000 2 132,000 3 165,000 4 123,000 Required: 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 Complete a depreciation schedule using the straight-line method. Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition

At the beginning of the year, Palermo Brothers, Incorporated, purchased a new plastic water bottle-making machine at a cost of $66,000. 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 600,000 units. Actual annual production was as follows: 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. Complete a depreciation schedule using the straight-line method