manufacturing incorporated purchased a machine on 1 january 20×2 for 500000 the estimated physical life of the machine is 15 years/

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Required:
1. Calculate depreciation expense for 20X2 and 20X3 using the straight- line method.
2. Assume the machine is anticipated to produce 800,000 units. In 20X2 the machine produced 150,000 units and in 20X3 120,000 units. Calculate depreciation expense for 20X2 and 20X3 using the productive- output method.
3. Calculate depreciation expense for 20X2 and 20X3 using the declining- balance method using 40%.

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