E8-10 (Algo) Computing Depreciation under Alternative Methods LO8-3 Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $1,757,500. The estimated residual value was $92,500. Assume that the estimated useful life was five years and the estimated productive life of the machine was 300,000 units. Actual annual production was as follows: Year Units 70,000 2 67,000 12345 5 50,000 73,000 40,000 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance