Chapter 8 Connect Homework Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $1,187,500. The estimated residual value was $62,500. Assume that the estimated useful life was five years and the estimated productive life of the machine was 300,000 units. Actual annual production was as follows: 066 polints Year Units 1 70,000 2 67,000 3 50,000 4 73,000 5 40,000 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. Reg 1A Reg 1B Reg 10 Complete a depreciation schedule using the straight-line method. Year Depreciation Expense Accumulated Depreciation Book Value At acquisition Reg 1B > Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $1187,500. The estimated residual value was $62,500. Assume that the estimated useful life was five years and the estimated productive life of the machine was 300,000 units. Actual annual production was as follows: Year Units 1 70,000 2 67,600 350,000 4 73,000 5 40,000 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. Reg 1A Reg 16 Reg 10 Complete a depreciation schedule using the units of production method. (Use two decimal places for the per unit output factor) Year Depreciation Expense Accumulated Depreciation Net Book Value Al acquisition Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $1,187,500. The estimated residual value was $62,500. Assume that the estimated useful life was five years and the estimated productive life of the machine was 300,000 units. Actual annual production was as follows: Year Units 170,000 2 67,800 3 50,000 4 73,000 540,000 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 Req 1C our answers in the tabs below. Reg 1A Reg 11 Req15 Complete a depreciation schedule using the double-declining-balance method. (Do not round your intermediate calculations.) Year Depreciation Expense Accumulated Depreciation Book Value At acquisition