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Gruman Company purchased a machine for $198,000 on January 2,2019 . It made the following estimates: In 2019, Gruman uses the machine for 2,000 hours and produces 50,000 units. In 2020, Gruman uses the machithe for 1,400 hours and produces 30,000 units. 1 required, round your final answers to the nearest dollar. Required: 1. Compute the depreciation for 2019 and 2020 under each of the following methods: a. Straight-line method 20195 20205 b. Sum-of-the-years'-digits method 201952020$ c. Double-declining-balance method 2019520205 d. Activity method based on hours worked 2019520205 e. Activity method based on units of output. 201952020$ 2. For each method, what is the book value a. Stralght-line method 2019$ b. Sum -of-the-years'digits method 2019$2020$ c. Double-decining-balance method 201942020$ d. Activity method based on hours worked 2019520205 e. Activity method based on units of output 20195 20205 Depreciation expense a. Straight-line method 2019$2020$ b. Sum-of-the-years'-digits method 2019$2020$ c. Double-declining-balance method 2019$2020$ Book value a. Straight-line method 2019$2020$ b. Sum-of-the-years'-digits method 2019$2020$ c. Double-declining-balance method 2019$2020$ Gruman Company purchased a machine for $198,000 on January 2,2019 . It made the following estimates: In 2019, Gruman uses the machine for 2,000 hours and produces 50,000 units. In 2020, Gruman uses the machithe for 1,400 hours and produces 30,000 units. 1 required, round your final answers to the nearest dollar. Required: 1. Compute the depreciation for 2019 and 2020 under each of the following methods: a. Straight-line method 20195 20205 b. Sum-of-the-years'-digits method 201952020$ c. Double-declining-balance method 2019520205 d. Activity method based on hours worked 2019520205 e. Activity method based on units of output. 201952020$ 2. For each method, what is the book value a. Stralght-line method 2019$ b. Sum -of-the-years'digits method 2019$2020$ c. Double-decining-balance method 201942020$ d. Activity method based on hours worked 2019520205 e. Activity method based on units of output 20195 20205 Depreciation expense a. Straight-line method 2019$2020$ b. Sum-of-the-years'-digits method 2019$2020$ c. Double-declining-balance method 2019$2020$ Book value a. Straight-line method 2019$2020$ b. Sum-of-the-years'-digits method 2019$2020$ c. Double-declining-balance method 2019$2020$

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