On January 1, 2019, Loeffler Company acquired a machine at a cost of $269,000. Loeffler estimates that it will use the machine for 4 years or 8,000 machine hours. It estimates that after 4 years the machine can be sold for $13,000. Loeffler uses the machine for 1,700 and 2,000 machine hours in 2019 and 2020, respectively.

Required:

Compute depreciation expense for 2019 and 2020 using the:

1. Straight-line method of depreciation.

	Depreciation Expense
2019	$
2020	$

2. Double-declining-balance method of depreciation.

	Depreciation Expense
2019	$
2020	$

3. Units-of-production method of depreciation.

	Depreciation Expense
2019	$
2020	$