Chapter 11 Exercise 11-3 On October 1, 2013, the Allegheny Corporation purchased machine for 115,000. The estimated service life of the machinery is 10 years and the estimated residual value is 5,000. The machine is expected to produce 220,000 units during its life. Calculate depreciation for 2013 and 2014 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. Round all computations to the nearest dollar. 1) Straight line 2) Sum-of-the-years' digits. 3) Double declining balance. 4) One hundred fifty percent declining balance. 5) Units of production (units produced in 2013, 10,000 units; units produced in 2014, 25,000 units. Thank you for helping