6. In recent years Howard Company has purchased two machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine Acquired Jan. 1, 2012 Aug. 1, 2013 Salvage Cost Value $120,000 $10,000 190,000 50,000 Useful Life (in years) 4 5 Depreciation Method Straight-line Straight-line 1 2 Instructions (a) Prepare a complete depreciation schedule (all years) for Machine 1 and record the appropriate entries on Dec. 31, 2012 and Dec. 31, 2013. (Round to zero decimal places.) Computation End of Year Depreciable Cost (Historical Cost - Salvage Value) Depreciation Expense per month Number of Months Depreciation Expense Accumulated Depreciation Year Book Value (b) Prepare a complete depreciation schedule (all years) for Machine 2 and record the appropriate entries on Dec. 31, 2013 and Dec. 31, 2014. Computation End of Year Depreciable Cost (Historical Cost - Salvage Value) Depreciation Expense per month Number of Months Depreciation Expense Accumulated Depreciation Year Book Value