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Cardine Company acquired and placed into use equipment on January 2, 2017, at a cash cost of $1,870,000. Transportation charges amounted to $15,000, and installation

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Cardine Company acquired and placed into use equipment on January 2, 2017, at a cash cost of $1,870,000. Transportation charges amounted to $15,000, and installation and testing costs totaled $110,000. The equipment was estimated to have a useful life of nine years and a salvage value of $75,000 at the end of its life. It was further estimated that the equipment would be used in the production of 3,840,000 units of product during its life. During 2017, 852,000 units of product were produced. Compute the depreciation to the nearest dollar for the year ended December 31, 2017, using the following methods: a. Straight-line method Dolomeo b. Units-of-production method c. Sum-of-the-years-digits method d. Double-declining-balance method (use a fraction rather than a percen than a percentage) Goodrich Company purchased a machine on October 1, 2017 for $50 has an estimated salvage value of $15,000 and an estimated usefi October 1, 2017, for $50,000. The machine d an estimated useful life of eight years

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