Todd Service Company purchased a copier on January 1, 20xx. The following information applies to the copier purchased:

Purchase price -	$25,000
Delivery cost -	$ 500
Estimated life -	4 years
Estimated copies produced	1,000,000
Salvage value	$ 1,500

The copies produced each year are as follows:

Year 1	250,000 copies
Year 2	270,000 copies
Year 3	320,000 copies
Year 4	160,000 copies

Using Excel, determine the amount of depreciation expense and the net book value for each of the four years (6 years for MACRS) using each of the following methods:

Straight-line Double-declining balance Units of production MACRS, assuming the machine is classified as five-year property. The MACRS rates are included in the Excel template.

	Purchase price -		$25,000		Estimated units produced	1,000,000
	Delivery cost -		$500		Estimated life -	4	years
	Total cost
	Salvage value		$1,500		The machine produced as follows:
	Depreciable base
					Year 1		250,000	units
					Year 2		270,000	units
					Year 3		320,000	units
					Year 4		160,000	units
	Straight Line
	Depreciation Expense	Net Book Value
Year 1
Year 2
Year 3
Year 4
	Double Declining Balance
	Depreciation Expense	Net Book Value	DDB Rate
Year 1
Year 2
Year 3
Year 4
	Units of Production			Units of production rate
	Depreciation Expense	Net Book Value
Year 1
Year 2
Year 3
Year 4
	MACRS
	Depreciation Expense	Net Book Value
				MACRS Rate
Year 1				20.00%
Year 2				32.00%
Year 3				19.20%
Year 4				11.52%
Year 5				11.52%
Year 6				5.76%