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Saved Help Save & Exit Submit On January 1 , 2 0 1 8 , the Allegheny Corporation purchased machinery for $ 1 5 0

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On January 1,2018, the Allegheny Corporation purchased machinery for $150,000. The estimated service life of the machinery is 10 years and the estimated residual value is $7,000. The machine is expected to produce 180,000 units during its life.
Required:
Calculate depreciation for 2018 and 2019 using each of the following methods.
Straight line.
Sum-of-the-years'-digits.
Double-declining balance.
One hundred fifty percent declining balance.
Units of production (units produced in 2018,37,000; units produced in 2019,32,000).
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Calculate depreciation for 2018 and 2019 using one hundred fifty percent declining balance.
\table[[Annual Period,Depreciation for the Period,End of Period],[\table[[Beginning of],[Period Book],[Value]],\table[[Depreciation],[Rate]],\table[[Depreciation],[Expense]],,,,],[2018,4.20,,,,,$,0],[2019,,,,$,0,$,0]]
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