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A machine costing $212.400 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 491,000 units of product during its life. It actually produces the following units: 123,000 in Year 1.122.900 in Year 2. 121,500 in Year 3.133,600 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted. (The machine cannot be depreciated below its estimated salvage value.) Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method, (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar) Complete this question by entering your answers in the tabs below. Straight line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production Year Depreciation Expense 1 2 Units of Production Units Depreciable Depreciation Units per unit 123.000 123,000 s 0.40 122.000 122.900 $ 040 121,500 121.500 5 0.40 133.000 133,000 $ 040 501 000 3 4 Total A machine costing $212,400 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 491000 units of product during its life. It actually produces the following units: 123,000 in Year 1, 122,900 in Year 2, 121,500 in Year 3, 133,600 In Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted. (The machine cannot be depreciated below its estimated salvage value.) Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Straight line Units of Production DDU Compute depreciation for each year (and total depreciation of all years combined) for the machine under tho Double declining balance DDB Depreciation for the Period Beginning of Period Book Depreciation Depreciation Rate Value Expense End of Period Accumulated Depreciation Book Value Year 1 $ 2 % % 0 0 0 0 3 4 Total 5 [The following information applies to the questions displayed below] NewTech purchases computer equipment for $265,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $29.000. Prepare a table showing depreciation and book value for each of the four years assuming straight-line depreciation Straight-Line Depreciation Choose Numerator 1 Choose Denominator: Annual Depreciation Expense Depreciation expense Annual Depreciation Year-End Book Value Year Year 1 Year 2 Year 3 Year 4 Total Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $49,000. The machine's useful life is estimated at 10 years, or 400,000 units of product, with a $9.000 salvage value During its second year, the machine produces 34,000 units of product Determine the machine's second-year depreciation and year end book value under the straight-line method. Straight-Line Depreciation Choose Numerator: Choose Denominator Annual Depreciation Expense Depreciation expense Yout 2 Depreciation Yoar and book value Year 2) Ramirez Company Installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $49,000. The machine's useful life is estimated at 10 years, or 400,000 units of product, with a $9,000 salvage value. During its second year, the machine produces 34,000 units of product. Determine the machine's second year depreciation using the units-of-production method. Choose Numerator Units of production Depreciation Choose Denominator Annual Depreciation Expense = Depreciation expense per unit Year Annual Production (units) 2 Depreciation Expense Ramirez Company Installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $49,000. The machine's useful life is estimated at 10 years, or 400,000 units of product, with a $9.000 salvage value. During its second year, the machine produces 34,000 units of product Determine the machine's second-year depreciation using the double declining balance method. Double-declining-balance Depreciation Choose factors: Choose Factor%) Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation