The 2014 Annual Report of Tootsie Roll Industries contains the following information.

On January 1, 2015, a machine was purchased for $97,200. The machine has an estimated salvage value of $6,480 and an estimated useful life of 5 years. The machine can operate for 108,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2015, 21,600 hrs; 2016, 27,000 hrs; 2017, 16,200 hrs; 2018, 32,400 hrs; and 2019, 10,800 hrs.

Part 1

Compute the annual depreciation charges over the machine’s life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.)

(1)		Straight-line Method		$
(2)		Activity Method
		Year
		2015		$
		2016		$
		2017		$
		2018		$
		2019		$
(3)		Sum-of-the-Years'-Digits Method
		Year
		2015		$
		2016		$
		2017		$
		2018		$
		2019		$
(4)		Double-Declining-Balance Method
		Year
		2015		$
		2016		$
		2017		$
		2018		$
		2019		$

Part 2

Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset’s life applying each of the following methods. (Round answers to 0 decimal places, e.g. 45,892.)

Year		Straight-line Method		Sum-of-the-years'-digits method		Double-declining-balance method
2015		$		$		$
2016
2017
2018
2019
2020

Compute the following ratios for Tootsie Roll for 2014.

(a)		Asset turnover (Round answer to 4 decimal places, e.g. 0.8512 times.)		enter the asset turnover rounded to 4 decimal places	times
(b)		Return on assets (Round answer to 2 decimal places, e.g. 4.87%.)		enter the return on assets in percentages rounded to 2 decimal places	%
(c)		Profit margin on sales (Round answer to 3 decimal places, e.g. 4.872%.)		enter the profit margin on sales in percentages rounded to 3 decimal places	%