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 $1,187,500. The estimated residual value was $62,500. 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
1	70,000
2	67,000
3	50,000
4	73,000
5	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.

Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1c Complete a depreciation schedule using the straight-line method. Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition 1 2 3 4 5 Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 10 Complete a depreciation schedule using the units-of-production method. (Use two decimal places for the per unit output factor.) Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition 1 2 3 4 5 Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req ic Complete a depreciation schedule using the double-declining-balance method. (Do not round your intermediate calculations.) Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition 1 2 3 4 5 Reg 1B