Problem 8-2A Depreciation methods LO P1 A machine costing $207,800 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 482,000 units of product during its life. It actually produces the following units: 123,300 in Year 1, 122,800 in Year 2, 121,000 in Year 3, 124,900 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimatethis difference was not predicted. (The machine cannot be depreciated below its estimated salvage value.) Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.) Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. Year Units Units of Production Depreciation Expense $ 49,320 per unit 1 123,300 2 122,800 Depreciable Depreciation Units 123,300 $ 0.40 122,800 $ 0.40 121,000 $ 0.40 0 $ 0.40 $ 367,100 49,120 48,400 3 121,000 4 124,900 0 Total $ 146,840 Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. Year DDB Depreciation for the Period End of Period Beginning of Depreciation Period Book Depreciation Accumulated Book Value Rate Expense Value Depreciation $ 207,800 50% $ 103,900 $ 103,900 $ 103,900 103,900 501% 51,950 155,850 51,950 51,950 501% 25,975 181,825 25,975 1 2 3 4 0 50 % 0 Total 181,825