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Sandhill Limited purchased a machine on account on April 1, 2021, at an invoice price of $337,900. On April 2, it paid $2,080 for delivery of the machine. A one-year, $4,200 insurance policy on the machine was purchased on April 5. On April 19, Sandhill paid $7,460 for installation and testing of the machine. The machine was ready for use on April 30. Sandhill estimates the machines useful life will be five years or 6,186 units with a residual value of $82,570. Assume the machine produces the following numbers of units each year: 976 units in 2021; 1,407 units in 2022; 1,383 units in 2023; 1,211 units in 2024; and 1,209 units in 2025. Sandhill has a December 31 year end.

Calculate the annual depreciation and total depreciation over the assets life using: (Round the depreciation cost per unit to 2 decimal places. Round answers to 0 decimal places, e.g. 5,275.) (1) Straight-line method

Year		Depreciable Amount		Depreciation Expense		Accumulated Depreciation		Carrying Amount
2021		$		$		$		$
2022
2023
2024
2025
2026

(2) Double-diminishing-balance method

Year		Opening Carrying Amount		Depreciation Expense		Accumulated Depreciation		Carrying Amount
2021		$		$		$		$
2022
2023
2024
2025
2026

(3) Units-of-production method

Year		Units-of-production		Depreciation Expense		Accumulated Depreciation		Carrying Amount
2021				$		$		$
2022
2023
2024
2025

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