Dersch CoPurchased a Machine on January 1,2019,for $2,500,000

Dersch Co.purchased a machine on January 1,2019,for $2,500,000.Using the table below,calculate the annual depreciation expense for each year of the machine's life (estimated at 5 years or 50,000 hours with a residual value of $150,000).During the machine's life,it was used 15,000; 14,000; 10,000; 9,000; and 6,000 hours.
$\begin{array}{|r|r|r|r|}\hline & {\text { (a) }} &{\text { (b) }} &{\text { (c) }} \\\hline \text { Year } & \text { Straight Line } & \text { Units of Production } & \text { Declining Balance } \\\hline 2019 & \$ 470,000 & \$ 705,000 & \$ 1,000,000 \\\hline 2020 & 470,000 & 658,000 & 600,000 \\\hline 2021 & 470,000 & 470,000 & 360,000 \\\hline 2022 & 470,000 & 423,000 & 216,000 \\\hline 2023 & 470,000 & 54,000 & 44,400 \\\hline \text { Totals } & \$ 2,350,000 & \$ 2,310,000 & \$ 2,220,400 \\\hline\end{array}$