CK Purchased a Machine That Cost $26,000 on January 1

CK purchased a machine that cost $26,000 on January 1, 2001. The estimated useful life was 10 years and the residual value was $4,000. Complete the following schedule to reflect amortization expense for 2002 and the balance in the accumulated amortization account at the end of 2002, for each amortization method indicated. CK's year-end is December 31 and only accounts for amortization at year-end. $\begin{array} { | l | l | l | } \hline \text { Amortization Method } & \begin{array} { l } \text { Amortization Expense } \\\text { for } 2002\end{array} & \begin{array} { l } \text { Balance in Accumulated } \\\text { Amortization at DeC, 31, 2002 }\end{array} \\\hline \text { (a) Straight-line } & \$ \underline{\quad\quad}& \$\underline{\quad\quad} \\\hline \text { (b) Sum-of-the-years'-digits } & \$ \underline{\quad\quad}& \$\underline{\quad\quad} \\\hline \text { (c) Declining balance } & \$\underline{\quad\quad} & \$\underline{\quad\quad} \\\hline \text { (d) Productive output (Units: total estimated, 20,000; } & \$\underline{\quad\quad} & \$\underline{\quad\quad} \\\text { actual | 2001, 4,000; 2002, 2,000) } & & \\\hline\end{array}$