Calculate depreciation for each year of the machine

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On January 2, 2018, Archer Company, a skateboard manufacturer, installed a computerized machine in its factory at a cost of $173,200. The machine's useful life was estimated at four years or a total of 185,600 units with a $34,000 trade-in value. Archer Company's year-end is December 31.

Problem 1: Calculate depreciation for each year of the machine's estimated useful life under each of the following methods: (Do not round intermediate calculations.)

Straight-line
Double-declining-balance
Units-of-production, assuming actual units produced were:

Year             2018            2019         2020            2021

Units          39,800         43,400     54,100      71,000

Reference no: EM132945719

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