A new machine costing $$19,200$ cash and estimated to have a $$3,200$ salvage value was purchased on January $1.$ The machine is expected to produce $4,000$ units of product during its $8-$year useful life. Calculate depreciation expense in the first year under the following independent situations.

The company uses the units$-$of$-$production method and the machine produces $600$ units of product during its first yeac.

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

The company uses the straight$-$line method.

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

Required $1$

Calculate depreciation expense in the first year if the company uses the units$-$of$-$production method and the machine produces $600$ units of product during its first year.

Select formula for the depreciation rate of Units of Production:

$\backslash$table$[[$Calculate the first year depreciation expense:$],[$Depreciation per unit$],[$Units in first year$],[$Depreciation in first year$]]$

A new machine costing $$19,200$ cash and estimated to have a $$3,200$ salvage value was purchased on January $1.$ The machine is expected to produce $4,000$ units of product during its $8-$year useful life. Calculate depreciation expense in the first year under the following independent situations.

The company uses the units$-$of$-$production method and the machine produces $600$ units of product during its first yeac.

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

The company uses the straight$-$line method.

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

Required $1$

Calculate depreciation expense in the first year if the company uses the units$-$of$-$production method and the machine produces $600$ units of product during its first year.

Select formula for the depreciation rate of Units of Production:

$\backslash$table$[[$Calculate the first year depreciation expense:$],[$Depreciation per unit$],[$Units in first year$],[$Depreciation in first year$]]$