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n January 1, 2016, the Allegheny Corporation purchased machinery for $200,000. The estimated service life of the machinery is 10 years and the estimated residual

n January 1, 2016, the Allegheny Corporation purchased machinery for $200,000. The estimated service life of the machinery is 10 years and the estimated residual value is $13,000. The machine is expected to produce 300,000 units during its life.

Required:

Calculate depreciation for 2016 and 2017 using each of the following methods. (Do not round intermediate calculations.)

1. Straight line.

2. Sum-of-the-years' digits.

3. Double-declining balance.

4. One hundred fifty percent declining balance.

5.

Units of production (units produced in 2016, 49,000; units produced in 2017, 44,000). (Round "Depreciation per unit rate" answers to 2 decimal places.)

PLEASE SHOW WORK. THANK YOU.

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