Question: A new machine costing $ 1 , 9 0 0 , 0 0 0 cash and estimated to have a $ 1 0 0 ,

A new machine costing $1,900,000 cash and estimated to have a $100,000 salvage value was purchased on January 1. The machine is expected to produce 900,000 units of product during its 8-year useful life. Calculate the depreciation expense in the first year under the following independent situations:
The company uses the units-of-production method and the machine produces 70,000 units of product during its first year.
The company uses the double-declining-balance method.
The company uses the straight-line method.
 A new machine costing $1,900,000 cash and estimated to have a

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