Question: Test #2 i Saved Help Save & Exit A machine that cost $339,800, with a four-year life and an estimated $32,000 residual value, was installed

Test #2 i Saved Help Save & Exit A machine that cost $339,800, with a four-year life and an estimated $32,000 residual value, was installed in Haley Company's factory on September 1, 2020. The factory manager estimated that the machine would produce 405,000 units of product during its life. It actually produced the following units: 2020, 12,100; 2021, 102,100; 2022, 100,100; 2023, 98,100; and 2024, 96,100. The company's year-end is December 31. Required: Show the depreciation for each year and the total depreciation for the machine under each depreciation method calculated to the nearest whole month. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) 36 Year Straight-line Units-of- Double-Declining production Balance 2020 S 25,650 2021 76,950 2022 76,950 2023 76,950 2024 76,950 Totals $ 333,450 $ 0 $ 0

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