PlasticWorks Corporation bought a machine at the beginning of the year at a cost of $15,150. The estimated useful life was five years, and the residual value was $2,450. Assume that the estimated productive life of the machine is 12,700 units. Expected annual production was: year 1, 3,900 units; year 2, 3,900 units; year 3, 2,450 units; year 4, 1,270 units; and year 5, 1,180 units.

use the double declining method to solve income statement l balance sheet

depreciation expense l cost l accumulated depreciation l book value

year

1

2

3

4

5

(this is all the information provided)