Question

On January 2, 2015, Roth, Inc. purchased a laser cutting machine to be used in the...

On January 2, 2015, Roth, Inc. purchased a laser cutting machine to be used in the fabrication of a part for one of its key products. The machine cost $120,000, and its estimated useful life was four years or 1,150,000 cuttings, after which it could be sold for $5,000.

Required

a. Calculate each year’s depreciation expense for the machine's useful life under each of the following depreciation methods (round all answers to the nearest dollar):

1. Straight-line.
2. Double-declining balance.
I only need answer to this specific question:

2. Double-declining balance


Year
Depreciation
Expense
2015 Answer
2016 Answer
2017 Answer
2018 Answer
2019 Answer

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