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Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. A machine costing $212,600 with a

Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method.

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A machine costing $212,600 with a four-year life and an estimated $17,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 489,000 units of product during its life. It actually produces the following units: 122,800 in Year 1, 122,900 in Year 2, 120,500 in Year 3, 132,800 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. Round your answers to the nearest whole dollar.) 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 under the Straight-line depreciation. Straight-Line Depreciation Depreciation Year Expense 1 2 3 Total Straight Line Units of Production DDB Compute depreciation for each year and total depreciation of all years combined) for the machine under the Units of production. Year Units of Production Depreciation Expense Units Depreciable Units Depreciation per unit 122,800 122,900 120,500 132,800 Total 0 Straight Line Units of Production DDB Compute depreciation for each year and total depreciation of all years combined) for the machine under the Double- declining-balance. End of Period Year Accumulated Depreciation Book Value DDB Depreciation for the Period Beginning of Period Depreciation Depreciation Book Rate Expense Value 50 % 50 % 50 50 Total

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