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On January 2,2021, Archer Company, a skateboard manufacturer, installed a computerized machine in its factory...

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Accounting

On January 2,2021, Archer Company, a skateboard manufacturer, installed a computerized machine in its factory at a cost of $163,800. The machines useful life was estimated at four years or a total of 186,400 units with a $24,000 trade-in value. Archer Companys year-end is December 31.
Calculate depreciation for each year of the machines estimated useful life under each of the following methods: (Do not round intermediate calculations.)
Straight-line
Double-declining-balance
Units-of-production, assuming actual units produced were:
Year 2021202220232024
Units 38,80041,90053,10061,000

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