Answer:
Depreciation for 2018 is = $15,120.60
Depreciation for 2019 is = $13,133.84
Depreciation for 2020 is = $10,401.04
Depreciation for 2021 is = $10,660.65
Explanation:
solution
we know here
Depreciation under Units of production method is
Depreciation is = (Cost - Salvage value) × (No of units produced ÷ Expected units of production)
put here value for each year
Depreciation for 2018 is = (42700-1708) × (553300 ÷ 1500000)
Depreciation for 2018 is = $ 15,120.60
Depreciation for 2019 is = (42700-1708) × (480600 ÷ 1500000)
Depreciation for 2019 is = $ 13,133.84
Depreciation for 2020 is = (42700-1708)× (380600 ÷ 1500000)
Depreciation for 2020 is = $ 10,401.04
Depreciation for 2021 is = (42700-1708)× (390100 ÷ 1500000)
Depreciation for 2021 is = $ 10,660.65
