depreciation expense for the years indicated using the following methods. (Round to Instructions 2 Compute the depre the nearest dollar.) 1. Straight-line method for 2020. Sum-of-the-years-digits method for 2021. Double-declining-balance method for 2020. Suppose Kate Crow, the president of Alladi 2. Sum-of-the- zation, she expects it will be s asks you to recommend a tion expense to the early ye recommend? row, the president of Alladin, tells you that because the company is a new organi xpects it will be several years before production and sales reach optimum levels. She to recommend a depreciation method that will allocate less of the company's deprecia- pense to the early years and more to later years of the assets' lives. What method would you 11.2) (Depreciation for Partial Periods-SL, Act., SYD, and Declining-Balance) The of equipment purchased by Charleston, Inc., on June 1, 2020, is $89,000. It is estimated that the ma- chine will have a $5,000 salvage value at the end of its service life. Its service life is estimated at 7 years, its total working hours are estimated at 42,000, and its total production is estimated at 525,000 units. During 2020, the machine was operated 6,000 hours and produced 55,000 units. During 2021, the machine was operated 5,500 hours and produced 48,000 units. tion, Impairments, and Depletion Instructions Compute depreciation expense on the machine for the year ending December 31, 2020 ending December 31, 2021, using the following methods. a. Straight-line. d. Sum-of-the-years'-digits. b. Units-of-output e. Declining-balance (twice the straight-line rate). c. Working hours. P11.3 (LO 1, 2) (Depreciation--SYD, Act., SL, and DDB) The following data relate to the Machinery account of Eshkol, Inc. at December 31, 2020. Machinery Original cost Year purchased $46,000 2015 $51,000 2016 $80,000 $80,000 2019 2017