Crane Productions Corp. purchased equipment on March 1, 2018, for $ 63,000. The company estimated the equipment would have a useful life of three years and produce 12,000 units, with a residual value of $ 8,400. During 2018, the equipment produced 4,900 units. On November 30, 2019, the machine was sold for $ 20,000 and had produced 5,700 units that year.

Record all the necessary entries for the years ended December 31, 2018 and 2019, using the following depreciation methods: (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round the depreciation rate in the double-diminishing-balance method to the nearest whole percent, e.g. 43% and round depreciation per unit in the units-of-production depreciation method to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 5,275.)

A) Straight-Line

Date 2018	Account Titles and Explanation	Debit	Credit
Mar. 1
Dec. 31
2019
Nov. 30
	To record Depreciation Expense
Nov. 30
	To Record the Sale of Machine

B) Double-Diminishing-Balance

Date 2018	Account Titles and Explanation	Debit	Credit
Mar. 1
Dec. 31
2019
Nov. 30
	To record Depreciation Expense
Nov. 30
	To Record the Sale of Machine

C) Units of Production

Date 2018	Account Titles and Explanation	Debit	Credit
Mar. 1
Dec. 31
2019
Nov. 30
	To record Depreciation Expense
Nov. 30
	To Record the Sale of Machine