Question: On January 2 , 2 0 2 1 , Archer Company, a skateboard manufacturer, installed a computerized machine in its factory at a cost of

On January 2,2021, Archer Company, a skateboard manufacturer, installed a computerized machine in its factory at a cost of $158,000. The machines useful life was estimated at four years or a total of 187,500 units with a $23,000 trade-in value. Archer Companys year-end is December 31.
Calculate depreciation for each year of the machines estimated useful life under each of the following methods: (Do not round intermediate calculations.)
Straight-line
Double-declining-balance
Units-of-production, assuming actual units produced were:
Year 2021202220232024
Units 38,70041,75053,00060,000

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