stamping machine cost $125,000 with residual value of $!5,000

estimated life: five years (or 250,000 units)

complete the below tables

1. straight line method

year	depreciable cost	depreciation rate	annual depreciation expense	accumulated depresciation	book value
1
2
3
4
5

2. units of activity > estimated productive life: 250,000 units

year	depreciable cost	depreciation rate	annual depreciation expense	accumulated depresciation	book value
1	75,000
2	60,000
3	30,000
4	45,000
5	40,000

3. double declining balance method

year	beginning book value	depreciation rate	annual depreciation expense	accumulated depresciation	book value
1
2
3
4
5

4. What is the book value under the strait line method after one year?_______

5. What is the book value under the strait line method after three years?_______

6. What is depreciation expense, year 2 under double-declining?______

7. What is accumulated depreciation expense, yr 4 under units-of-production?______

If the company sold the machine for $55,000 at the end of year 3, what is the gain or loss? Indicate GAIN or LOSS____________________________

8. Assuming straight-line depreciation?___________________________

9.Assuming units of production?__________________________

10. Assuming Double DEclining?________________________