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On January 1, 2015, a machine was purchased for $107,100. The machine has an estimated salvage value of $7,140 and an estimated useful life of

On January 1, 2015, a machine was purchased for $107,100. The machine has an estimated salvage value of $7,140 and an estimated useful life of 5 years. The machine can operate for 119,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2015, 23,800 hrs; 2016, 29,750 hrs; 2017, 17,850 hrs; 2018, 35,700 hrs; and 2019, 11,900 hrs.

(a)

Compute the annual depreciation charges over the machines life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.)
(1) Straight-line Method $

(2) Activity Method
Year
2015 $

2016 $

2017 $

2018 $

2019 $

(3) Sum-of-the-Years'-Digits Method
Year
2015 $

2016 $

2017 $

2018 $

2019 $

(4) Double-Declining-Balance Method
Year
2015 $

2016 $

2017 $

2018 $

2019 $

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