LLP Partners purchased equipment on March 27, 2018, at a cost of $216,000. Management is contemplating the merits of using the diminishing-balance or units-of-production method of depreciation instead of the straight-line method, which it currently uses for other equipment. The new equipment has an estimated residual value of $8,000 and an estimated useful life of either four years or 80,000 units. Demand for the products produced by the equipment is sporadic so the equipment will be used more in some years than in others. Assume the equipment produces the following number of units each year: 15,000 units in 2018; 20,600 units in 2019; 19,400 units in 2020; 20,000 units in 2021; and 5,000 units in 2022. LLP Partners has a December year end.

Can someone help me prepare deprecation schedules?

Can someone also help find the appropariate otal depreciation expense and accumulated depreciation for each method?

Straight-line method Depreciable Depreciation Accumulated Carrying Expense Depreciation Amount Year Cost 2018 2019 2020 2021 2022 Double-diminishing-balance method: Opening Carrying Depreciation Accumulated Carrying Year Amount Expense Depreciation Amount 2018 2019 2020 2021 2022 Units-of production method: Depreciation Accumulated Carrying Year Units-of-Production Expense Depreciation Amount 2018 2019 2020 2021 2022