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Consider a $6500 piece of machinery, with a 5-year depreciable life & an estimated $1200...

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Accounting

Consider a $6500 piece of machinery, with a 5-year depreciable life & an estimated $1200 salvage value. The projected use of the machinery when it was purchased & its actual production to date are shown below. Compute the machinery depreciation schedule by each of the following methods:
1. Straight-line
2. Sum-of-years-digits
3. Double-declining balance
4. Unit-of-production (first 2 years)
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