Swanson Service Center purchased a copier on January 1, 2009, for $18,000 and paid an additional $500 for delivery charges. The copier was estimated to have a life of four years or 800,000 copies. Salvage was estimated at $2500. The copier produced 230,000 copies in 2009 and 250,000 copies in 2010.
Compute the amount of depreciation expense for the copier for calendar years 2009 and 2010, using these methods:
a. straight-line
b. units-of-production
c. double declining balance
d. MACRS, assuming that the copier is classified as five-year property.