A Copy Machine Acquired with a Cost of $1,410 Has

Essay

A copy machine acquired with a cost of $1,410 has an estimated useful life of 4 years. It is also expected to have a useful operating life of 13,350 copies. Assuming that it will have a residual value of $75, determine the depreciation for the first year by the
(a)straight-line method
(b)double-declining-balance method
(c)units-of-output method (4,500 copies were made the first year)