Alladin Company purchased Machine #201 on May 1, 2014. The following information relating to Machine #201 was gathered at the end of May.

Price $136,850
Credit terms 2/10, n/30
Freight in $ 1,288
Preparation and installation costs $ 6,118
Labor costs during regular production operations $16,905

It is expected that the machine could be used for 10 years, after which the salvage value would be zero. Alladin intends to use the machine for only 8 years, however, after which it expects to be able to sell it for $2,415. The invoice for Machine #201 was paid May 5, 2014. Alladin uses the calendar year as the basis for the preparation of financial statements.

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(a)

Compute the depreciation expense for the years indicated using the following methods. (Round answers to 0 decimal places, e.g. 45,892.)

Depreciation Expense
(1) Straight line method for 2014 $Entry field with incorrect answer
(2) Sum of the years’ digits method for 2015 $Entry field with incorrect answer
(3) Double declining balance method for 2014