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What would be reported for depreciation expense

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Question - Equipment costing $130,000 is expected to have a residual value of $10,000 at the end of its 6-year useful life. The equipment is metered so that the number of units processed is counted. The equipment is designed to process 1,000,000 units in its lifetime. In 2019 and 2020, the equipment processed 180,000 units and 140,000 units, respectively.

What would be reported for depreciation expense for 2019 using the straight-line method? Round to the nearest dollar. Note: your answer should be formatted as a whole number without currency symbols or punctuation.

What would be reported for depreciation expense for 2020 using the double-declining balance method? Round to the nearest dollar. Note: your answer should be formatted as a whole number without currency symbols or punctuation.

What would be reported for depreciation expense for 2019 using the double-declining balance method? Round to the nearest dollar. Note: your answer should be formatted as a whole number without currency symbols or punctuation.

What would be reported for depreciation expense for 2019 using the units of production method? Round to the nearest dollar. Note: your answer should be formatted as a whole number without currency symbols or punctuation.

Reference no: EM132605866

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