Your client, Burley Designs, recently acquired a new machine to build bicycle wheels for the tandems, recumbents and trailers they build.

Total machine cost after installation, calibrations and other related capitalized costs was $18,250.The machine has an expected life of 7 years with a residual value of $2000.The machine is capable of producing 20,000 wheels per year.Burley estimates that they will only ask the machine to produce as follows:

Year

Anticipated Product Schedule - Wheels

1- 13,500

2 14,250

3 15,000

4 16,200

5 17,000

6 18,000

7 19,100

1. Present depreciation schedules for the machine.Use double declining methods of depreciation.

Format I need to fill in:

Year: Depreciation Expense Accumalated Depreciation Book Value

1

2

3

4

5

6

7