On October 1, 2018, the Allegheny Corporation purchased machinery for $278,000. The estimated service life of the machinery is 10 years and the estimated residual value is $3,000. The machine is expected to produce 550,000 units during its life. Requirec 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. 3. Units of production (units produced in 2018, 25,000: units produced in 2019, 40,000). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 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 Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation - Annual Depreciation Depreciation Expense Year Annual Depreciation x 2018 2019 Fraction of Year Required 2>