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Q2 Alladin Company purchased Machine #201 on May 1, 2017. The following information relating to Machine #201 was gathered at the end of May. Price

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Q2 Alladin Company purchased Machine #201 on May 1, 2017. The following information relating to Machine #201 was gathered at the end of May. Price 425,000 $2,000 $8,300 $14500 costs Prep and installation costs Labor costs during regular production operations Alladin intends to use the machine only $7,800 10 years, howeve after which it expects to be able to sell it for May 1, 2016. Alladin uses the calendar year as the basis for the preparation of financial statements. The invoice for Machine #201 was paid (1) Compute the depreciation expense for the years indicated using the straight-line method for 2017. (Round to the nearest dollar.) (2) Compute the depreciation expense for the years indicated using the sum-of-years'-d gits method for 2018. (Round to the nearest dollar.) (3) Compute the depreciation expense for the years indicated using the double-declining balance method for 2018. (Round to the nearest dollar.)

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