On October 1, 2024, the Allegheny Corporation purchased machinery for $115,000. The estimated service life of the machinery is 10 years and the estimated residual value is $5,000. The machine is expected to produce 220,000 units during its life.

Required:

Calculate depreciation for 2024 and 2025 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. Round all computations to the nearest dollar.

1. Straight line

2. Double-declining balance

3. Units of production (units produced in 2024, 10,000; units produced in 2025, 25,000)