This assignment requires you to present the four depreciation methods that we described in this module:

On January 1,2011, a machine was installed at Tesla Factory at a cost of $100,000. Its estimated residual value at the end of its estimated life of 5 years is $10,000. The machine is expected to produce 60,000 units with the following production schedule:

units -- 2011: 8,000

units -- 2012: 17,000

units -- 2013: 15,000

units -- 2014: 10,000

units --2015: 10,000

Complete depreciation schedules for:

(a) straight-line,

(b) units of production,

(c) sum-of-the-years-digits,

(d) declining balance at twice the straight-line rate.