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Duluth Ranch, Inc. purchased a machine on January 1 , 2 0 1 8 . The cost of the machine was $ 3 3 ,

Duluth Ranch, Inc. purchased a machine on January 1,2018. The cost of the machine was $33,500. Its estimated residual value was $10,500 at the end of an estimated 5-year life. The company expects to produce a total of 10,000 units. The company produced 1,250 units in 2018 and 1,700 units in 2019.
Required:
Calculate depreciation expense for 2018 and 2019 using the straight-line method.
Calculate the depreciation expense for 2018 and 2019 using the units-of-production method.
Calculate depreciation expense for 2018 through 2022 using the double-declining balance method.

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