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Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $1,330,000. The estimated residual value was $70,000.

Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $1,330,000. The estimated residual value was $70,000. 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.

year depreaction expense accumulated deprecation net book vaule
at accuisition
1
2
3
4
5

a. Straight-line.

b. Units-of-production.

c. Double-declining-balance.

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