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PlasticWorks Corporation bought a machine at the beginning of the year at a cost of $19,350. The estimated useful life was five years, and the

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PlasticWorks Corporation bought a machine at the beginning of the year at a cost of $19,350. The estimated useful life was five years, and the residual value was $3,050. Assume that the estimated productive life of the machine is 16,300 units. Expected annual production was: year 1, 5,100 units; year 2, 5,100 units; year 3, 3,050 units; year 4, 1,630 units; and year 5, 1,420 units. Required: 1. Complete a depreciation schedule for each of the alternative methods. (Enter all values as positive amount.) a. Straight-line. Income Balance Sheet Statement Depreciation Expense Accumulated Year Cost Book Value Depreciation At acquisition 1 2 3 PlasticWorks Corporation bought a machine at the beginning of the year at a cost of $19,350. The estimated useful life was five years, and the residual value was $3,050. Assume that the estimated productive life of the machine is 16,300 units. Expected annual production was: year 1, 5,100 units; year 2, 5,100 units; year 3, 3,050 units; year 4, 1,630 units; and year 5, 1,420 units. Required: 1. Complete a depreciation schedule for each of the alternative methods. (Enter all values as positive amount.) a. Straight-line. Income Balance Sheet Statement Depreciation Expense Accumulated Year Cost Book Value Depreciation At acquisition 1 2 3

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