You are the accountant for Express Company. Express Company acquires an asset with a

cost of $$324,000,$ a salvage value of $$4,000,$ and an expected life of $8$ years.

Calculate depreciation expense for EACH of the first $3$ years of the assets life

using straight line and double$-$declining balance depreciation methods.

Assume instead that Express Company uses the units of production method to

depreciate the asset. Total expected production of the asset is expected to be

$1,600,000$ units. What is depreciation for each of the first $3$ years of the assets life

if the units produced are year $1-400,000$ units, year $2-250,000$ units, and

$700,000$ units in year $3?$

What method of depreciation would you recommend to Express Company

assuming that you wanted the method that best satisfied the matching principle?