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Mittai Companles bought a machine at the beginning of the year at a cost of $27,000. The estimated useful life was five years and the

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Mittai Companles bought a machine at the beginning of the year at a cost of $27,000. The estimated useful life was five years and the residual value was $2,000. Assume the estimated productive life of the machine is 12,500 units. Expected annual production was year 1,2,500 units; year 2,3,500 units; year 3,2,500 units; year 4,2,500 units; and year 5,1,500 units. Required: 1. Complete a depreciation schedule for the units-of-production method 2. Prepare the joumal entry to record Year 2 depreciation. Complete this question by entering your answers in the tabs below. Complete a depreciation schedule for the units-of-production method. (Do not round intermediate calculations. Round final answers to the nearest whole dollars.)

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