1.On October 1, 20X1, Dax Corp. purchases for $125,000 a machine that Dax estimates will have a useful life of 20,000 machine hours and a scrap value of $5,000. In Year 1, Dax uses the machine for 2,400 hours; in Year 2, 8,200 hours; in Year 3, 7,500 hours; and in Year 4, 6,600 hours.

a.Dax uses UOP depreciation. Complete the table below.

Year-beginning

Depreciation

Accumulated

Year-end

Year

book value

expense

depreciation

book value

20X1

20X2

20X3

20X4