eBook Print 6 Partially correct Mark 1.00 out of 2300 Plaquestion Depreciation Methods On January 2, 2018. Skyler, Inc. purchased a laser cutting machine to be used in the fabrication of a part for one of its key products. The machine com 5120,000, and its estimated useful life was four years or 920,000 cuttings, after which it could be sold for $5,000 Required a Calculate each years depreciation expense for the machines useful life under each of the following depreciation methods tround alt answers to the nearest dollars 1. Straight line 2. Double declining balance 3. Units of production (Assume annual production in cuttings of 200,000 350,000, 260,000 and 110,000) 1. Straight line Depreciation Year Expense 2019 3020 2001 2. Double-declining balance Depreciation Year Expense 2018 2. Double-declining balance Depreciation Year Expense 2015 2015 2020 2021 2022 0 Support 3. Units of Production Depreciation Year Expense PORT OX 2019 OX 2020 0 x 2021 OX b. Assume that the machine was purchased on juy 1. 2018. Calculate each year's depreciation expense for the machine's useful le under each of the following depreciation methods 15traight line 2 Double-declining balance 1. Straight-Line Depreciation Year Expense b. Assume that the machine was purchased on July 1, 2018. Calculate each year's depreciation expense for the machine's use it under each of the following depreciation methods 1. Straight line 2. Double-declining balance 1. Straight Line Depreciation Tea Expense 2013 DX OM 2000 OM 2022 ON 2. Double-declining ce found answers to the nearest whole number when appropriate Depreciation Year Expense 2018 OM 2020 2021 2003 OW COCH