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please do all three tables Wintertime Inc. purchased a new stamping machine at the beginning of the year at a cost of $1,567,500. The estimated
please do all three tables
Wintertime Inc. purchased a new stamping machine at the beginning of the year at a cost of $1,567,500. The estimated residual value was $82,500. Assume that the estimated useful life was five years and the estimated productive life of the machine was 300,000 units. Actual annual production was as follows: Year Units 2 70,000 2 67,000 3 50,000 4 73,000 5 40.000 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line b. Units-of-production c Double-declining balance. Complete this question by entering your answers in the tabs below. Reg 1 Reg 13 Reg 16 Complete a depreciation schedule using the straight line method Year At acquisition 1 2 Depreciation Accumulated Net Expense Depreciation Book Value $ 1,567,500 $ 297,000 $ 297.000 $ 1.279,500 $ 207.000 $ 982,500 $ 207.000 $ 207.000 $ 297.000 $ 297 000 3 4 5 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 10 Complete a depreciation schedule using the units-of-production method. (Use two decimal places for the per unit output factor.) Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition 1 2 3 4 5 Step by Step Solution
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