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(Depreciation Computations-Five Methods) Jon Seceda Furnace Corp. purchased machinery for $315,000 on May 1,2007. It is estimated that it will have a useful life of 10 years, salvage value of $15,000, production of 240,000 units, and workinghours of 25,000. During 2008 Seceda Corp. uses the machinery for2,650 hours, and the machinery produces 25,500 units.
Instructions:
From the information given, compute the depreciation charge for 2008 under each of the following methods. (Round to the nearest dollar.)
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