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O Required Information The following information applies to the questions displayed below) Schrade Company bought a machine for $108,000 cash. The estimated useful life was

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O Required Information The following information applies to the questions displayed below) Schrade Company bought a machine for $108,000 cash. The estimated useful life was four years and the estimated residual value was $8,000. Assume that the estimated useful life in productive units is 125,000. Units actually produced were 48,000 in year 1 and 50,000 in year 2 Required: 1. Determine the appropriate amounts to complete the following schedule. (Round your answers to the nearest dollar amount. Do not round intermediate calculations.) Depreciation Expense for Year 1 Year 2 Nat Book Value at the End of Yoar 1 Year 2 + Method of Depreciation Straight-line Units-of-production Double-declining balance

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