CLICK HERE TO REVIEW LEARNING CBJECTIVES QUESTION 3 Not complete Marked out of 32.00 Flag question Depreciation Methods On January 2, 2015, Alvarez Company purchased an electroplating machine to help manufacture a part for one of its key products. The machine cost $218,700 and was estimated to have a useful life of six years or 781,200 platings, after which it could be sold for $23,400. Required a. Calculate each year's depreciation expense for the period 2015-2020 under each of the following depreciation methods (round all answers to the nearest dollar): 1. Straight-line. 2. Double-declining balance. 3. Units-of-production. (Assume annual production in platings of 140,000; 180,000; 150,000; 125,000; 105,000; and 81,200.) 1. Straight-Line Depreciation Year Expense 2015 2016 2017 2018 2019 2020 2. Double-declining balance Depreciation Year Expense 2015 2016 2017 2018 2019 2020 3. Units of Production Depreciation Year Expense 2015 2016 2017 2018 2019 2020 b. Assume that the machine was purchased on September 1, 2015. Calculate each year's depreciation expense for the period 2015-2021 under each of the following depreciation methods: 1. Straight-line 2. Double-declining balance 1. Straight-Line Depreciation Year Expense 2015$ 2016 2017 2018 2019 2020 2021 2. Double-declining balance Depreciation Year Expense 2015$ 2016 2017 2018 2019 2020 2021 Check