Problem 8-2A Depreciation methods LO P1 A machine costing $211,400 with a four-year life and an estimated $17,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 486,000 units of product during its life. It actually produces the following units: 122,300 in 1st year, 122,800 in 2nd year, 121,400 in 3rd year, 129,500 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimatethis difference was not predicted. (The machine must not 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 each Units of production. Year 1 Depreciation Expense Units of Production Depreciable Depreciation Units per unit $ 0.40 $ 0.40 $ 0.40 $ 0.40 3 4 47,800 47,800 Total $ Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Double- declining-balance. End of Period Year DDB Depreciation for the Period Beginning of Depreciation Depreciation Period Book Rate Value Expense $ 211,400 Accumulated Depreciation Book Value $ 211,400 % % $ 0 Inits of Production