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Problem 8-2A Depreciation methods LO P1 A machine costing $212,000 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 480 000 units of product during its life. It actually produces the following units: 122,800 in 1st year, 123,800 in 2nd year, 119.900 in 3rd year, 123,500 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted (The machine must not be depreciated below its estimated salvage value) Required: Compute depreciation for each year (and total depreciation of all years combined for the machine under each depreciation method (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-line depreciation Year right-Line Depreciation Depreciation Expense 1 2 3 4 Total Units of Production > Propiem 8-2A Depreciation metnoas LUM A machine costing $212,000 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 480.000 units of product during its life. It actually produces the following units: 122,800 in 1st year 123,800 in 2nd year, 119.900 in 3rd year. 123,500 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted (The machine must not be depreciated below its estimated salvage value.) Required: Compute depreciation for each year (and total depreciation of all years combined for the machine under each depreciation method (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar) Answer is not complete. Complete this question by entering your answers in the tabs below. DDB Straight Line Units of Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under each units of production Units of Production Depreciable Depreciation Units per unit Year Depreciation Expense 1 2 4 Total 0 Peny Next Propiem 8-2A Depreciation metnoas LU 1 A machine costing $212,000 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 480,000 units of product during its life. It actually produces the following units: 122,800 in 1st year, 123,800 in 2nd year, 119.900 in 3rd year, 123,500 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted (The machine must not be depreciated below its estimated salvage value) Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar) Answer is not complete. Complete this question by entering your answers in the tabs below. Units of Straight Line Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Double- declining-balance. DDD Depreciation for the Period End of Period Beginning Depreciation Depreciation Accumulated Year Book of Period Rate Expense Book Value Depreciation Value $ 0 2 % 0 3 0 0 0 1 4

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