Problem $8-2$A Depreciation methods

P$1$

A machine costing $$257,500$ with a four$-$year life and an estimated $$20,000$ salvage value is installed in Luther Company's factory on January $1.$ The factory manager estimates the machine will produce $475,000$ units of product during its life. It actually produces the following units: $220,000$ in Year $1,124,600$ in Year $2,121,800$ in Year $3,$ and $15,200$ in Year $4.$ The total number of units produced by the end of Year $4$ exceeds the original estimate$-$this difference was not predicted. Note: The machine cannot be depreciated below its estimated salvage value.

Required

Page $340$

Prepare a table with the following column headings and compute depreciation for each year $($and total depreciation of all years combined$)$ for the machine under each depreciation method.

$\backslash$table$[[$Year Straight$-$Line Units$-$of$-$Production Double$-$Declining$-$Balance,,$],[,,,]]$