Question: Bob Xerox Company purchased a copier on January 1, 2013, for $22200 and paid an additional $200 for delivery charges. The copier was estimated to have a life of five years or 500,000 copies. Salvage was estimated at $2400. The copier produced 120000 copies in 2013 and 140,000 copies in 2014. Compute the amount of depreciation expense for the copier for calendar years 2013 and 2014 using these methods:
a. straight-line
b. units-of-production
c. double-declining-balance