Current Attempt in Progress Pharoah Limited purchased a machine on account on April 1, 2021, at an invoice price of $374,920. On April 2, it paid $1,930 for delivery of the machine. A one-year, $3,980 insurance policy on the machine was purchased on April 5. On April 19, Pharoah paid $7.240 for installation and testing of the machine. The machine was ready for use on April 30 Pharoah estimates the machine's useful life will be five years or 6,143 units with a residual value of $74,460. Assume the machine produces the following numbers of units each year: 905 units in 2021: 1,484 units in 2022; 1.279 units in 2023; 1,345 units in 2024;) and 1.130 units in 2025. Pharoah has a December 31 year end Calculate the annual depreciation and total depreciation over the asset's life using: (Round the depreciation cost per unit to 2 decimal places. Round answers to O decimal places, eg. 5,275.) (1) Straight-line method Depreciable Amount $ Depreciation Expense Accumulated Depreciation Carrying Amount $ $ 2 3 (2) Double-diminishing-balance method Opening Carrying Amount $ $ Depreciation Expense Accumulated Depreciation $ $ Carrying Amount (3) Units-of-production method Units-of-production $ Depreciation Expense Accumulated Depreciation $ $ Carrying Amount