Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $920,000. The estimated residual value was $104,600. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 302,000 units. Actual annual production was as follows: Year U 1 82,000 2 70,000 3 37,000 4 65,000 5 48,000 C. Double-declining-balance Depreciation Accumulated Net Year Expense Depreciation Book Value At acquisition S 920,000 368,000 368,000 552,000 220,800588,800 331,200 132,480 $ 721,280 198,720 79,488 800,768 119,232 $47,693S 848,461 71,539 4 5