On January 1, 2020, SugarBear Company acquired equipment costing $ 180,000, which will be depreciated on the assumption that the equipment will be useful for five years and have a residual value of $ 16,200. The estimated output from this equipment is as follows: 2020 16,000 units; 2021 20,000 units; 2022 34,000 units; 2023 28,000 units; 2024 19,000 units. The company is now considering possible methods of depreciation for this asset. (a) Calculate what the depreciation expense would be for each year of the asset's life, if the company chooses:

i.	The straight-line method

Straight-line depreciation

$

per year

ii.	The units-of-production method (Round depreciation per unit to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 125.)

Units-of-production method depreciation

$

per unit

Year
2020		$
2021		$
2022		$
2023		$
2024		$

iii.	The double-diminishing-balance method

Rate

%

Year
2020		$
2021		$
2022		$
2023		$
2024		$