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PART IV DEPRECIATION METHODS (15 points) Schilling Corporation purchased a machine on January 1, 2018, at a total cost of $900,000. The machine has an

PART IV DEPRECIATION METHODS (15 points)

Schilling Corporation purchased a machine on January 1, 2018, at a total cost of $900,000. The machine has an estimated useful life of 10 years or 1,000,000 units of output and a salvage value of $150,000.

Instructions: Complete the following table by presenting the annual depreciation expense for the years 2018 and 2019, under the indicated depreciation methods. Assume actual activity in terms of units of output was: 201860,000 units and 2019120,000 units.

Annual Depreciation Expense

2018 2019

Straight-Line: $ $

(Supporting Computations)

Double-Declining-Balance: $ $

(Supporting Computations)

Units-of-Activity: $ $

(Supporting Computations)

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