Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $950,000. The estimated residual value was $50,000. Assume that the estimated useful life was five years and the estimated productive life of the machine was 300,000 units. Actual annual production was as follows:

Year	Units
1	70,000
2	67,000
3	50,000
4	73,000
5	40,000

Required:

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

a. Straight-line.

b. Units-of-production.

c. Double-declining-balance.

Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Complete a depreciation schedule using the double-declining-balance method. Year Depreciation Expense Accumulated Depreciation At acquisition $ $ $ $ $ 380,000 $ 228,000 $ 136,800 $ 82,080 $ 49,248 X $ $ 380,000 $ 608,000 $ 744,800 $ 826,880 $ 876,128 * $ Net Book Value 950,000 570,000 342,000 205,200 123,120 73,872 5