On January 1, 2018, the Allegheny Corporation purchased machinery for $160,000. The estimated service life of the machinery is 10 years and the estimated residual value is $17,000. The machine is expected to produce 260,000 units during its life Required Calculate depreciation for 2018 and 2019 using each of the following methods 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 2018, 39,000; units produced in 2019, 34,000) Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 Required 4 Required 5 Calculate depreciation for 2018 and 2019 using straight line method Straight-Line Depreciation Annual Depreciation Choose Numerator: Choose Denominator: ense Cost minus Salvage / Estimated Useful Life (years) | 101 = 1 $ Depreciation Expense = 43,000 Depreciation Expense 14,300 14,300 14,300 2018$ 2019$ Required1 Required 2> Required 1Required 2Required 3Required 4 Required 5 Calculate depreciation for 2018 and 2019 using sum-of-the-years' digits Sum-of-the-years' digits depreciation DepreciableYear Rate per Depreciation Expense Base 10/55 955| - $ 2018 $ 143,000x 26,000 23,400 2019 $ 143,000x Required 1 Required 2 Required 3 Required 4 Required 5 Calculate depreciation for 2018 and 2019 using double-declining balance. Depreciation for the Period Rate (%) End of Period Annual Period Perdok Drciation Deprecation Accumulated Depreciation Depreciation Accumulated Period Book | Depreciation Book Value Value 2018 2019 20% 0 20% 0 Required 1 Required 2 Required 4Required 5 Calculate depreciation for 2018 and 2019 using one hundred fifty percent declining balance. Depreciation for the Period End of Period Beginning of Depreciation Period Book Depreciation Depreciation Accumulated Expense Depreciation Annual Period Book Value Rate Value 2019 Required 1 Required 2Required 3 Required 4 Required 5 Calculate depreciation for 2018 and 2019 using units of production (units produced in 2018, 39,000; units produced in 2019, 34,000). (Round "Depreciation per unit rate" answers to 2 decimal places.) Select formula for Units of Production Depreciation Calculate 2018 depreciation expense Depreciation per unit rate Units produced in 2018 Depreciation in 2018 Calculate 2019 depreciation expense Depreciation per unit rate Units produced in 2019 Depreciation in 2019