Problem 8-2A Depreciation methods LO P1 A machine costing $206,400 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 476,000 units of product during its life. It actually produces the following units: 122,400 in Year 1, 123,700 in Year 2, 119,900 in Year 3, 120,000 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimatethis difference was not predicted. (The machine cannot be depreciated below its estimated salvage value.) Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. Units 122,400 123,700 119,900 Units of Production Depreciable Depreciation Units per unit 122,400 $ 0.40 123,700 $ 0.40 119,900 $ 0.40 173,800 $ 0.40 $ 539,800 Depreciation Expense $ 48,960 49,480 47,960 48,000 $ 194,400 120,000 Total Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. Year DDB Depreciation for the Period End of Period Beginning of Period Depreciation Depreciation Accumulated Book Book Rate Expense Depreciation Value Value 206,400 X % 47,600 X $ 47,600 $ 158,800 16,000 X 47,600 95,200 (31,600) 111,200 25 % 47,600 X 142.800 63,600 63,600 47,600 190,400 16,000 190,400 Total