On October 1, 2013, the Allegheny Corporation purchased machinery for $267,000. The estimated service life of the machinery is 10 years and the estimated residual value is $3,000. The machine is expected to produce 480,000 units during its life. Required: Calculate depreciation for 2013 and 2014 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.)

1. Straight Line (Depreciation)

2013

2014

2. Sum-of-the-years' digits (Deprecation)

2013

2014

3. Double-declining balance (Depreciation)

2013

2014

4. One hundred fifty percent declining balance (Depreciation)

2013

2014

5. Units of production (units produced in 2013, 24,000; units produced in 2014, 39,000) (Depreciation)

2013

2014