TB Problem Qu$.8-225($Algo$)$ Computing depreciation under different methods

A machine costing $$1,106,250$ with a five$-$year useful life and a $$110,625$ salvage value is installed in the factory on January $1.$ The factory manager estimates the machine will produce $29,500$ units of product during its life. It actually produces the following units: $4,900$ in Year $1$; $5,900$ in Year $2$; $6,900$ in Year $3$; $6,900$ in Year $4$; and $4,900$ in Year $5.$

Calculate annual depreciation expense using the straight$-$line, units$-$of$-$production, and double$-$declining balance methods.