Sandhill Limited purchased a machine on account on April 1, 2021, at an invoice price of $332,220. On April 2, it paid $2,170 for delivery of the machine. A one-year, $3,960 insurance policy on the machine was purchased on April 5. On April 19, Sandhill paid $7,840 for installation and testing of the machine. The machine was ready for use on April 30.

Sandhill estimates the machines useful life will be five years or 6,153 units with a residual value of $77,180. Assume the machine produces the following numbers of units each year: 953 units in 2021; 1,483 units in 2022; 1,279 units in 2023; 1,390 units in 2024; and 1,048 units in 2025. Sandhill has a December 31 year end.

(1) Straight-line method ar Depreciable Amount $ 265,050 Depreciation Expense $ 35340 Accumulated Depreciation 35340 Carrying Amount 306890 21 $ A 22 265,050 53010 88350 253880 23 265,050 53010 141360 200870 24 265,050 53010 194370 147860 25 265,050 53010 247380 94850 26 265,050 0 247380 94850 (2) Double-diminishing-balance method Opening Carrying Amount Depreciation Expense Accumulated Depreciation 91261 Carrying Amount 342230 91261 $ $ 250969 250969 100388 191649 150581 150581 60232 251881 90349 90348 36139 288021 54209 54209 21684 309705 32525 32525 309705 32525 (3) Units-of-production method lear Units-of-production 953 Depreciation Expense $ 41052 Accumulated Depreciation 41052 9021 $ Carrying Amount 301178 237295 !022 1483 63883 104935 !023 1279 55095 160029 182200 1024 1390 59876 219906 122324 1025 1048 45144 265050 77180