Computing Depreciation under Alternative Methods At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottle making machine at a cost of $45,000. The estimated residual value was $5,000. Assume that the estimated useful life was four years and the estimated productive life of the machine was 400,000 units. Actual annual production was as follows E8-11 LO8-3 Year Units 2 3 4 120,000 90,000 110,000 80,000 Required 1. Complete a separate depreciation schedule for each of the alternative methods. Round your answers to the nearest dollar a. Straight-line b. Units-of-production c. Double-declining-balance. Method: Depreciation Expense Accumulated Depreciation Net Book Value Year At acquisition 2 Computation etc