• DepreciationMethods (show each method in a separate excel tab)

Appliance Steel purchases a machine on January 1 for $25,000. The machine has an estimated useful life of seven years, during which time it is expected to produce 114,800 units. Salvage value is estimated at $1,500. The machine produces 16,500 and 15,200 units in its first and second years of operation, respectively.

Required:

Calculatedepreciation expensefor the machine using thestraight-line methodof depreciation. $/ yr.

Calculate depreciation expense for the machine's first two years using thedouble-declining-balance methodof depreciation. Do not roundanyintermediate amounts used for calculations. Round final answers to the nearest dollar.

	Depreciation Expense
Year 1	$
Year 2	$

Calculate depreciation expense for the machine's first two years using theunits-of-activity methodof depreciation.

	Depreciation Expense
Year 1	$
Year 2	$