On January $5,20$X$1,$ Williams Company purchased equipment for $$584,000$ that had an estimated useful life of five years or $200,000$ units of product. The estimated salvage value was $$24,000.$ Actual production data for the first three years were $201-44,000$ units; $202-60,000$ units; and $203-50,000$ units.

Required:

Compute each year's depreclation and the end$-$of$-$year accumulated depreclation for the first three years under the straight$-$IIne method and the units$-$of$-$output method.

Analyze:

Would the total depreciation taken over the life of the asset depend on which of the two methods is used?

Complete this question by entering your answers in the tabs below.

$\backslash$table$[[$Straight Line,$\backslash$table$[[$Units of$],[$Output$]],$Analyze$]]$

Compute each year's depreciation and the end$-$of$-$year accumulated depreciation for the first three years under the straightline method.

$\backslash$table$[[$STRAIGHT$-$LINE METHOD$],[$Year$,\backslash$table$[[$Acquisition$],[$Cost$]],$Salvage Value,Useful Life,$\backslash$table$[[$Annual$],[$Depreciation$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],],[201,,,,,,],[202,,,,,,],[203,,,$years,,,$]]$