Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $740,000. The estimated residual value was $67,500. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 269,000 units. Actual annual production was as follows:

Year

1 79,000

2 67,000

3 29,000

4 59,000

5 35,000

1) Complete a separate depreciation schedule for each of the alternative methods.

a) Straight-line

Year

At Acquisition Depreciation Expense Accumulated Depreciation Net Book Value

1

2

3

4

5

b) Units-of-production

Year

At Acquisition Depreciation Expense Accumulated Depreciation Net Book Value

1

2

3

4

5

c) Double-declining-balance

Year

At Acquisition Depreciation Expense Accumulated Depreciation Net Book Value

1

2

3

4

5