(Solution) - Consider a 6500 piece of machinery with a 5 year depreciable -(2025 Original AI-Free Solution)

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Consider a $6500 piece of machinery, with a 5-year depreciable life and an estimated $1200 salvage value. The projected utilization of the machinery when it was purchased, and its actual production to date, are shown below.

Compute the machinery depreciation schedule by each of the following methods:
(a) Straight line.
(b) Sum-of-years' -digits.
(c) Double declining balance.
(d) Unit of production (for first 2 years only).
(e) Modified accelerated cost recovery system.