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On January 2 , 2 0 2 1 , Archer Company, a skateboard manufacturer, installed a computerized machine in its factory at a cost of
On January Archer Company, a skateboard manufacturer, installed a computerized machine in its factory at a cost of $ The machine's useful life was estimated at four years or a total of units with a $ tradein value. Archer Company's yearend is December
Calculate depreciation for each year of the machine's estimated useful life under each of the following methods: Do not round intermediate calculations.
a Straightline
b Doubledecliningbalance
c Unitsofproduction, assuming actual units produced were:
tableYearUnits
tableYearStraightLine,DoubleDecliningBalance UnitsofProduction,Total
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