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On July 1, 2016, Idaho Systems Company purchased for $54,000 a new machine that has an estimated useful life of six years (or 300,000 cutting

On July 1, 2016, Idaho Systems Company purchased for $54,000 a new machine that has an estimated useful life of six years (or 300,000 cutting operations), after which the expected salvage value is $3,600. 


Under each of the following depreciation methods, calculate the depreciation expense for 2017.


Required: a. Straight-line depreciation 


b. Double declining-balance depreciation 


c. Units-of-production depreciation, if 55,000 cutting operations were made in 2017

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