Compute the depreciation for the last six months of the current fiscal year ending December 31 by each of the following method. Straight line, units of production, declining balance.

Machinery is purchased on January 1 of the current fiscal year for $180.000. It is expected to have a useful life of 4 years, or 20,000 operating hours, and a residual value of $15,000. Compute the depreciation for the last six months of the current fiscal year ending December 31 by each of the following methods: 2. (a) (b) (c) straight-line units-of-production (used for 1,500 hours during the current year) declining-balance ANS: (Round the answer to the nearest dollar.)