A machine costing $$257,500$ with a four$-$year life and an estimated $$20,000$ salvage value is installed in Luther Company's factory on January $1.$ The factory manager estimates the machine will produce $475,000$ units of product during its life. It actually produces the following units: $220,000$ in Year $1,124,600$ in Year $2,121,800$ in Year $3,$ and $15,200$ in Year $4.$ The total number of units produced by the end of Year $4$ exceeds the original estimate$-$this difference was not predicted. Note: The machine cannot be depreciated below its estimated salvage value.

Required:

Compute depreciation for each year $($and total depreciation of all years combined$)$ for the machine under each depreciation method.

Note: Round your per unit depreciation to $2$ decimal places.

Complete this question by entering your answers in the tabs below.

Straight Line

Units of

Double Production declining balance

Compute depreciation for each year $($and total depreciation of all years combined$)$ for the machine under the Straight$-$line depreciation.

$\backslash$table$[[$Straight$-$Line Depreciation$],[$Year$,\backslash$table$[[$Depreciation$],[$Expense$]]],[$Year $1,],[$Year $2,],[$Year $3,],[$Year $4,],[$Total$,]]$

$!$

Required information

Problem $10-3$A $($Static$)$ Asset cost allocation; straight$-$line depreciation LO C$1,$ P$1$

$[$The following information applies to the questions displayed below.$]$

On January $1,$ Mitzu Company pays a lump$-$sum amount of $$2,600,000$ for land, Building $1,$ Building $2,$ and Land Improvements $1.$ Building $1$ has no value and will be demolished. Building $2$ will be an office and is appraised at $$644,000,$ with a useful life of $20$ years and a $$60,000$ salvage value. Land Improvements $1$ is valued at $$420,000$ and is expected to last another $12$ years with no salvage value. The land is valued at $$1,736,000.$ The company also incurs the following additional costs.

Cost to demolish Building $1$

Cost of additional land grading

Cost to construct Building $3,$ having a useful life of $25$ years and a $$392,000$ salvage value

Cost of new Land Improvements $2,$ having a $20-$year useful life and no salvage value

$$328,400$

$175,400$

$2,202,000$

$164,000$

Problem $10-3$A $($Static$)$ Part $1$

Required:

Allocate the costs incurred by Mitzu to the appropriate columns and total each column.

$\backslash$table$[[$Allocation of Purchase Price,$\backslash$table$[[$Appraised$],[$Value$]],\backslash$table$[[$Percent of$],[$Total$],[$Appraised$],[$Value$]],,\backslash$table$[[$Total Cost of$],[$Acquisition$]],=$