Check my work A machine costing $257,500 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 475,000 units of product during its life. It actually produces the following units: 220,000 in Year 1. 124,600 in Year 2, 121,800 in Year 3, and 15,200 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate--this difference was not predicted. (The machine cannot be depreciated below its estimated salvage value.) Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places.) Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine und depreciation. Straight-Line Depreciation Year Depreciation Expense 1 $ 110,000 1 2 3 4 Total $ 110,000 A machine costing $257,500 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 475,000 units of product during its life. It actually produces the following units: 220,000 in Year 1, 124,600 in Year 2, 121,800 in Year 3, and 15,200 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted. (The machine cannot be depreciated below its estimated salvage value.) Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places.) Complete this question by entering your answers in the tabs below. Straight Line Units of DDB Proquction Compute depreciat Units of Production and total depreciation of all years combined) for the machine und production. Year Units Depreciable Units Depreciation per unit Units of Production Depreciation Expense 1 2 220,000 124,600 121,800 15,200 3 4 Total Complete this question by entering your answers in the tabs below. Units of Straight Line Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. DDB Depreciation for the Period End of Period Beginning of Depreciation Depreciation Period Book Accumulated Year Book Value Value Exponso Depreciation % 2 % 3 Rate 0 1 % % 4 Total 0