Mace Company acquired equipment that cost $$39,400,$ which will be depreciated on the assumption that the equipment will last six years and have a $$3,700$ residual value. Component parts are not significant and need not be recognized and depreciated separately. Several possible methods of depreciation are under consideration.

Required:

$1.$ Prepare a schedule that shows annual depreciation expense for the first two years, assuming the following $($Round your answer to nearest whole dollar.$)$:

a$.$ Declining$-$balance method, using a rate of $30\%.$

b$.$Productive$-$output method. Estimated output is a total of $210,000$ units, of which $24,000$ will be produced the first year$36,000$ in each of the next two years$30,000$ the fourth year$$ and $42,000$ the fifth and sixth years.

c$.$ Straight$-$line method.

$2.$ Repeat your calculations for requirement $1,$ assuming a useful life of $10$ years, and a declining$-$balance rate of $20\%$ that reflects the longer life, but the same number of units of production. The residual value is unchanged.