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Units of Production a) Prepare a depreciation schedule for the following scenario. Inputs: Machine Cost Estimated Salvage Value Estimated Useful Life in Hours 50,000 10,000 20,000 Depreciation Annual Depreciation Accumulated Expense Rate Carrying Actual Usage Year Per Hour Depreciation Value # of Hours $10,000 $6,000 $14,000 $10,000 16,000 30,000 50,000 40,000 34,000 20,000 $2.00 5,000 $2.00 3,000 7,000 4,000 2,000 3 $2.00 $2.00 $2.00 b) Prepare a depreciation schedule for the following scenario. b) Prepare a depreciation schedule for the following scenario. Inputs: Machine Cost Estimated Salvage Value Estimated Useful Life in Units 80,000 5,000 25,000 Annual Depreciation Rate Per Hour Actual Usage Depreciation Accumulated Depreciation 2$ Carrying Year Expense Value # of Hours 80,000 12,000 10,000 6,000