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Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $900,000. The estimated residual value was $106,200.

Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $900,000. The estimated residual value was $106,200. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 294,000 units. Actual annual production was as follows:

Year Units
1 81,000
2 69,000
3 36,000
4 64,000
5 44,000

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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