Smith Corporation purchased machinery on January 1, 2019 at a cost of $202,000 with an estimated salvage value of $12,000. The estimated useful life of the machinery is 5 years and total machine hours are expected to be 38,000. Actual machine hours for each year were: 7,000 in 2019; 7,500 in 2020; 8,000 in 2021; 7,900 in 2022; and 7,600 in 2023.

Compute depreciation for each year using the Straight-Line, Units of Activity, and Double-Declining Balance methods. For each method, prepare a depreciation table. Show all computations for depreciation expense, depreciation rates, etc.