Basic information relating to a new machine purchased by Gotham Company is presented in E9-5.

Instructions

Using the facts presented in E9-5, compute depreciation using the following methods in the year indicated.

(a) Declining-balance using double the straight-line rate for 2017 and 2018.

(b) Units-of-activity for 2017, assuming machine usage was 480 hours. (Round depreciation per unit to the nearest cent.)