Watkins Production purchased a new computerized machine at a cost of $450,000. The machine has a residual value of $64,000 and an expected life of 5 years. Year Depreciation Expense Accumulated Depreciation Book Value 0 1 $ 77,200.00 $ 2 $ 77,200.00 $ 3 $ 77,200.00 $ $ 450,000.00 77,200.00 $ 372,800.00 154,400.00 $ 295,600.00 231,600.00 $ 218,400.00 4 $ 77,200.00 $ 308,800.00 $ 141,200.00 5 $ 77,200.00 $ 386,000.00 $ 64,000.00 Watkins Production purchased a new computerized machine at a cost of $450,000. The machine has a residual value of $64,000 and an expected life of 5 years. Year Depreciation Expense Accumulated Depreciation Book Value 0 $450,000.00 1 $ 180,000.00 $ 180,000.00 $270,000.00 2 $ 108,000.00 $ 288,000.00 $162,000.00 3 $ 64,800.00 $ 352,800.00 $ 97,200.00 4 $ 19,440.00 $ 372,240.00 $ 77,760.00 5 $ 13,760.00 $ 386,000.00 $ 64,000.00 Watkins Production purchased a new computerized machine at a cost of $450,000. The machine has a residual value of $64,000 and an expected life of 5 years. The actual machine hours were a total of 154,400 over the 5 years. Each year the hours were: 55,000 in year 1, 50,000 in year 2, 30,000 in year 3, 13,000 in year 4, and 6,400 in year 5. Year Depreciation Expense Accumulated Depreciation 0 Book Value $ 450,000.00 1 $ 137,500.00 $ 137,500.00 $ 312,500.00 2 $ 125,000.00 $ 262,500.00 $ 187,500.00 3 $ 75,000.00 $ 337,500.00 $ 112,500.00 4 $ 32,500.00 $ 370,000.00 $ 80,000.00 5 $ 16,000.00 $ 386,000.00 $ 64,000.00