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Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $1,000,000. The estimated residual value was $92,800.

Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $1,000,000. The estimated residual value was $92,800. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 324,000 units. Actual annual production was as follows:

Year Units
1 86,000
2 74,000
3 41,000
4 69,000
5 54,000

Required:

1. Complete a separate depreciation schedule for each of the alternative methods. (Do not round your intermediate calculations.)

a. Straight-line.

b. Units-of-production.

c. Double-declining-balance.

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