On May 2, 2023, Uniglobe Satellite Company purchased and installed a new machine that cost $273,000, with a five-year life and an estimated $38,220 residual value. Management estimated that the machine would produce 168,000 units of product during its life. Actual production of units was as follows:

2023 ........................    23,520

2024 ........................    36,960

2025 ........................    33,600

2026 ........................    31,920

2027 ........................    26,600

2028 ........................    30,940

Required

Prepare a schedule with the following column headings.

Year Straight-Line Units-of-Production Double-Declining-Balance
Show the depreciation for each year (calculated to the nearest whole month) and the total depreciation for the machine under each depreciation method. For units-of production, round the depreciation charge per unit to two decimal places. The company’s year-end is December 31.