help pls Duluth Ranch, Incorporated purchased a machine on January 1, 2021....
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Duluth Ranch, Incorporated purchased a machine on January 1, 2021. The cost of the machine was $35,000. Its estimated residual value was $11,000 at the end of an estimated 5-yeadilife. The company expects to produce a total of 20,000 units. The company produced 1,300 units in 2021 and 1,750 units in 2022. Required: a. Calculate depreciation expense for 2021 and 2022 using the straight-line method. b. Calculate the depreciation expense for 2021 and 2022 using the units-of-production method. c. Calculate depreciation expense for 2021 through 2025 using the double-declining balance method. Complete this question by entering your answers in the tabs below. Caiculate depreciation expense for 2021 and 2022 using the straight-line method
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