On October 1, 2018, the Allegheny Corporation purchased machinery for $245,000. The estimated service life of the machinery is 10 years and the estimated residual value is $3,000. The machine is expected to produce 440,000 units during its life. Required: Calculate depreciation for 2018 and 2019 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. 1. Straight line. 2. Sum-of-the-years'-digits. 3. Double-declining balance. 4. One hundred fifty percent declining balance. 5. Units of production (units produced in 2018,22,000; units produced in 2019,37,000 ). Complete this question by entering your answers in the tabs below. Calculate depreciation for 2018 and 2019 using straight line method. Partial-year depreciation is calculated based on the number of months the asset is in service. On October 1, 2018, the Allegheny Corporation purchased machinery for $245,000. The estimated service life of the machinery is 10 years and the estimated residual value is $3,000. The machine is expected to produce 440,000 units during its life. Required: Calculate depreciation for 2018 and 2019 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. 1. Straight line. 2. Sum-of-the-years'-digits. 3. Double-declining balance. 4. One hundred fifty percent declining balance. 5. Units of production (units produced in 2018,22,000; units produced in 2019,37,000 ). Complete this question by entering your answers in the tabs below. Calculate depreciation for 2018 and 2019 using double-declining balance. Partial-year depreciation is calculated based on the number of months the asset is in service. On October 1, 2018, the Allegheny Corporation purchased machinery for $245,000. The estimated service life of the machinery is 10 years and the estimated residual value is $3,000. The machine is expected to produce 440,000 units during its life. Required: Calculate depreciation for 2018 and 2019 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. 1. Straight line. 2. Sum-of-the-years'-digits. 3. Double-declining balance. 4. One hundred fifty percent declining balance. 5. Units of production (units produced in 2018, 22,000; units produced in 2019, 37,000). Complete this question by entering your answers in the tabs below. Calculate depreciation for 2018 and 2019 using sum-of-the-years' digits. Partial-year depreciation is calculated based on the number of months the asset is in service. On October 1, 2018, the Allegheny Corporation purchased machinery for $245,000. The estimated service life of the machinery is 10 years and the estimated residual value is $3,000. The machine is expected to produce 440,000 units during its life. Required: Calculate depreciation for 2018 and 2019 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. 1. Straight line. 2. Sum-of-the-years'-digits. 3. Double-declining balance. 4. One hundred fifty percent declining balance. 5. Units of production (units produced in 2018,22,000; units produced in 2019,37,000 ). Complete this question by entering your answers in the tabs below. Calculate depreciation for 2018 and 2019 using one hundred fifty percent declining balance. Partial-year depreciation is calculated based on the number of months the asset is in service. (Do not round your intermediate calculations and round your final answers to nearest whole number.) *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. On October 1, 2018, the Allegheny Corporation purchased machinery for $245,000. The estimated service life of the machinery is 10 years and the estimated residual value is $3,000. The machine is expected to produce 440,000 units during its life. Required: Calculate depreciation for 2018 and 2019 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. 1. Straight line. 2. Sum-of-the-years'-digits. 3. Double-declining balance. 4. One hundred fifty percent declining balance. 5. Units of production (units produced in 2018,22,000; units produced in 2019,37,000 ). Complete this question by entering your answers in the tabs below. Calculate depreciation for 2018 and 2019 using Units of production (units produced in 2018, 22,000; units produced in 2019, 37,000). Partial-year depreciation is calculated based on the number of months the asset is in service. (Round "Depreciation per unit rate" answers to 2 decimal places.)