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WireDot Inc. is a manufacturer of specialized machinery. WireDot purchased a new stamping machine at the beginning of the year at a cost of $

WireDot Inc. is a manufacturer of specialized machinery. WireDot purchased a new stamping machine at the beginning of the year at a cost of $680,000. The estimated residual value was $70,500. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 265,000 units. Actual annual production was as follows:
\table[[Year,Units],[1,78,000],[2,67,000],[3,30,000],[4,58,000],[5,32,000]]
Required:
Complete a separate depreciation schedule for each of the alternative methods. (Do not round your intermediate calculations.)
a. Straight-line.
\table[[Year,\table[[Depreciation],[Expense]],\table[[Accumulated],[Depreciation]],\table[[Net],[Book Value]]],[At acquisition,,,],[1,,,],[2,,,],[3,,,],[4,,,],[5,,,]]
b. Units-of-production.
\table[[Year,\table[[Depreciation],[Expense]],\table[[Accumulated],[Depreciation]],\table[[Net],[Book Value]]],[At acquisition,,,],[1,,,]]
WireDot Inc. is a manufacturer of specialized machinery. WireDot purchased a new stamping machine at the beginning of the year at a cost of $680,000. The estimated residual value was $70,500. Assume that the estimated useful life was five years, and the estimated productive life of the machine was 265,000 units. Actual annual production was as follows:
\table[[Year,Units],[1,78,000],[2,67,000],[3,30,000],[4,58,000],[5,32,000]]
Required:
Complete a separate depreciation schedule for each of the alternative methods. (Do not round your intermediate calculations.)
a. Straight-line.
\table[[Year,\table[[Depreciation],[Expense]],\table[[Accumulated],[Depreciation]],\table[[Net],[Book Value]]],[At acquisition,,,],[1,,,],[2,,,],[3,,,],[4,,,],[5,,,]]
b. Units-of-production.
\table[[Year,\table[[Depreciation],[Expense]],\table[[Accumulated],[Depreciation]],\table[[Net],[Book Value]]],[At acquisition,,,],[1,,,],[2,,,]]
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