Torge Company bought a machine for $65,000 cash. The estimated useful life was five years, and the estimated residual value was $5,000. Assume that the estimated useful life in productive units is 150.000. Units actually produced were 40.000 in year 1 and 45,000 in year 2.

Required: 1. Determine the appropriate amounts to complete the following schedule. Show computations, and round to the nearest dollar.

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Depreciation Expense for Net Book Value at the End of Method of Depreciation Year 1 Year 2 Year 1 Year 2 Straight-line Units-of-production Double-declining-balance