On May 1, 2020 the Spokane Fudge Company purchased new fudge making equipment for $444,000, with an expected useful life of 8 years and a salvage value of $18,000. It is expected that the equipment will last make 800,000 units of fudge and has an operating life of 42,000 hours. During 2024, the company produced 102,000 units of fudge and operated for 5,800 hours.

Compute the 2024 depreciation expense using each of the following methods:

a) Straight Line

b) Units-of-output

c) Working Hours

d) Sum-of-the-years Digits

e) 150% declining-balance