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Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $860,000. The estimated residual value was $71,600.

Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $860,000. The estimated residual value was $71,600. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 292,000 units. Actual annual production was as follows:

Year Units
1 80,000
2 68,000
3 35,000
4 63,000
5 46,000

Required:
1.

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

a. Straight-line.

Year Depreciation Expense Accumulated Depreciation Net Book Value
At acquisition
1
2
3
4
5

b. Units-of-production.
Year Depreciation Expense Accumulated Depreciation Net Book Value
At acquisition
1
2
3
4
5

c. Double-declining-balance.

Year Depreciation Expense Accumulated Depreciation Net Book Value
At acquisition
1
2
3
4
5

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