Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $34000. Its estimated residual value was $10,000 at the end of an estimated 5 year life. The company expects to produce a total of 20,000 units. The company produced 2.500 units in 2018 and 3.200 units in 2019 Required: a. Calcule depreciation expense for 2018 and 2019 using the straight-line method 6. Calculate the depreciation expense for 2018 and 2019 using the units of production method c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. Complete this question by entering your answers in the tabs below. Required A Required Required Calcutate depreciation expense for 2018 and 2019 using the straight-ine method 2013 2019 Depreciation Experte Per Year Required) Duluth Ranch, Inc. purchased a machine on January 1, 2018 The cost of the machine was $34.000. Its estimated residual value was $10,000 at the end of an estimated 5 year life. The company expects to produce a total of 20,000 units. The company produced 2.500 units in 2018 and 3.200 units in 2019 Required: a. Calculate depreciation expense for 2018 and 2019 using the straighting method b. Calculate the depreciation expense for 2018 and 2019 using the units of production method c. Calculate depreciation expense for 2018 trough 2022 using the double declining balance method. Complete this question by entering your answers in the tabs below. Required A Requiredhe required Calculate the depreciation expense for 2018 and 2019 using the units of production method. (Do not round your intermediate calculations and your final answers to the nearest whole dollar) 2015 Depreciation Expense Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $34,000. Its estimated residual value was $10,000 at the end of an estimated 5-year life. The company expects to produce a total of 20,000 units. The company produced 2.500 units in 2018 and 3.200 units in 2019. Required: a. Calculate depreciation expense for 2018 and 2019 using the straight-line method b. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. c. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. Complete this question by entering your answers in the tabs below. Required A Required B Requirdoc Calculate depreciation expense for 2018 through 2022 using the double-declining balance method. (Round your final answers to nearest whole doftar.) 2022 2021 2020 2019 2018 Depreciation Expense
