Question 2 Answer saved Return to course Marked out of 9.00 Ha question Depreciation Methods On January 2, 2015, Alvarez Company purchased an electroplating machine to help manufacture a part for one of its key products. The machine cost $230,000 and was estimated to have life of six years or 700,000 cuttings, after which it could be sold for $23,400. Required a. Calculate each year's depreciation expense for the period 2015-2020 under each of the following depreciation methods fround all answers to the nearest dolur: 1. Straight-line. 2. Double-declining balance 3. Units-of-production (Assume annual production in platings of 140,000; 180,000; 100,000, 110,000, 80,000, and 90,000) 1. Straight-Line Depreciation Year Expense 2015 S 34,433 2016 34,433 2012 34,433 2018 34,433 2019 34,433 2020 34,433 2. Double-declining balance Depreciation Year Expense 2015 76,667 2016 51,111 2017 34,074 2018 22,716 2019 15,144 2020 6.888 3. Units of Production Depreciation Year Expense MacBook AS My Subcons OMANE ROSA 3. Units of Production Depreciation Year Expense 2015 42,000 2016 54,000 2017 30.000 2018 33.000 2019 24,000 2020 27,000 b. Assume that the machine was purchased on September 1, 2015. Calculate each year's depreciation expense for the period 2015-2020 under each of the 1. Straight-line 2. Double-declining balance. 1. Straight-Line Depreciation Year Expense 2015 11.477 2016 34433 2017 1441 2018 2019 4.4 2021 2. Double-declining balance Depreciation Year Expense 2015 5 25.555 2016 681 2017 56.790 2018 30,288 2019 20.192 2020 5.627 MacBook Air MySubsore 1. Straight-Line Depreciation Year Expense 2015 S 11,477 2016 34.433 2017 34,433 2018 34,433 2019 34,433 2020 34,433 2021 34,433 Year 2. Double-declining balance Depreciation Expense 2015 25.555 2016 68,145 2017 56.790 2018 30.23 2019 20.12 2020 5.627 2021 o Previous Save Answers MacBook