On January 1, 2018, a machine was purchased for $87,500. The machine has an estimated salvage value of $6,500 and an estimated useful life of 5 years. The machine can operate for 100,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2018, 20,000 hrs; 2019, 25,000 hrs; 2020, 15,000 hrs; 2021, 30,000 hrs; and 2022, 10,000 hrs.

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.)

4. Double-Declining-Balance Method Year 2018 $ 35000 2019 $ 21000 2020 $ 12,600 2021 $ 7,560 2022 $ 4,536 Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset's life applying each of the following methods. (Round answers to O decimal places, e.g. 45,892.) Year Straight-line Method Sum-of-the-years'-digits method Double-declining-balance method 2018 $ 12,150 $ 20250 26250 2019 16,200 121600 24500 2020 16,200 16200 14700 2021 16,200 10800 8820 2022 16,200 5400 5292 2023 4050 6,750 1438