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Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $980,000. The estimated residual value was $78,400.

Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $980,000. The estimated residual value was $78,400. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 322,000 units. Actual annual production was as follows:

Year Unit
1 85,000
2 73,000
3 40,000
4 68,000
5 56,000

Required:
1.

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

A. Straight-line.

Year Depreciation Expense Accumulated Depretiation 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
1
2
3
4
5

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