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# Depreciation expense of a machine

Machine B:The recorded cost of this machine was \$180,000. Swifty estimates that the useful life of the machine is 4 years with a \$10,200 salvage value remaining at the end of that time period.Calculate the amount of depreciation expense that Swifty should record for Machine B each year of its useful life under the following assumptions. (Round depreciation cost per unit to 2 decimal places, e.g. 12.25. Round final answers to 0 decimal places, e.g. 2,125.)(1)Swifty uses the straight-line method of depreciation.(2)Swifty uses the declining-balance method. The rate used is twice the straight-line rate.(3)Swifty uses the units-of-activity method and estimates that the useful life of the machine is 141,500 units. Actual usage is as follows: 2020, 50,000 units; 2021, 40,150 units; 2022, 30,300 units; 2023, 21,050 units.Depreciation Expense2020202120222023Straight-line method\$enter a debit amount rounded to 0 decimal places\$enter a debit amount rounded to 0 decimal places\$enter a debit amount rounded to 0 decimal places\$enter a debit amount rounded to 0 decimal placesDeclining-balance method\$enter a debit amount rounded to 0 decimal places\$enter a debit amount rounded to 0 decimal places\$enter a debit amount rounded to 0 decimal places\$enter a debit amount rounded to 0 decimal placesUnits-of-activity method\$enter a debit amount rounded to 0 decimal places\$enter a debit amount rounded to 0 decimal places\$enter a debit amount rounded to 0 decimal places\$enter a debit amount rounded to 0 decimal places

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