QUESTION 1. The details of the January 1, 2020 purchase of property, plant & equipment byBridgeportIndustries is as follows:

Cost Residual Value Useful Life Depreciation Method

Machinery $1,351,000 $101,000 1 million units Activity Method

Building $708,000 $78,000 30 years Straight line

Computer $167,500 $12,000 5 years Double-Declining-Balance

During 2020Bridgeportproduced216,000units using its machinery. Calculate the 2020 depreciation for each of the property, plant & equipment items.

2020 Depreciation Expense

Machinery

Equipment

Building

Computer

Equipment