15

Kingbird Company purchased machinery for $170,100 on January 1, 2017. It is estimated that the machinery will have a useful life of 20 years, salvage value of $14,700, production of 76,400 units, and working hours of 40,300. During 2017, the company uses the machinery for 13,702 hours, and the machinery produces 14,516 units. Compute depreciation under the straight-line, units-of-output, working hours, sum-of-the-years’-digits, and double-declining-balance methods. (Round intermediate calculations to 5 decimal places, e.g. 1.56487 and final answers to 0 decimal places, e.g. 5,125.)

Depreciation

Straight-line$________________

Units-of-output$_____________

Working hours$_______________

Sum-of-the-years’-digits$___________________

Double-declining-balance$_______________________