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.

Complete the following schedule for each method of depreciation and compare the total expense over the two-year period. (Round answers to 0 decimal places, e.g. 5,275.)

(1) Straight-lina Date Account Titles and Explanation 2018 Debit Credit Mar. 1 Equipmn Dec. 31 Depracaton Expanas 2019 Nov. 30 Dspraclatlon Expanas To record depreciation expense) Nov. 30 Acumulaed Dapreclatlom-Equipmn Equlpmen To record the sale of machine) (2) Daubla-diminishingbalanca Date Account Titles and Explanation Debit Credit 2018 Mar. 1 Equlemer Dec. 31 Depracaton Expanas Equlomen 2019 Nov. 30 Dspreclatlon Expanas 17089 To record depreciation expense) Nov. 30 Accuulated Dapraclation-Equlpman