A new machine costing $$1,800,000$ cash and estimated to have a $$60,000$ salvage value was purchased on January $1.$ The machine is

expected to produce $600,000$ units of product during its $8-$year useful life. Calculate depreciation expense in the first year under the

following independent situations.

$1.$The company uses the units$-$of$-$production method and the machine produces $70,000$ units of product during its first year.

$2.$The company uses the double$-$declining$-$balance method.

$3.$The company uses the straight$-$line method.

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